The steel chisel has a diameter of 0.5 in. and a length of 10 in. It is struck by a hammer that weighs 3 lb, and at the instant of impact it is moving at 12 ft/s. Determine the maximum compressive stress in the chisel, assuming that 80% of the impacting energy goes into the chisel. Est = 29(103 ) ksi, σY = 100 ksi.