10. 9.40 A small residential developer is analyzing a potential challenger to his current front-end loader. The loader was purchased 6 years ago for $53,000. The most recent economic information about the loader is shown below. In determining the economic life of the vehicle, the AW for keeping the loader for 3 more years at an interest rate of 8% per year is closest to: 1. $−8,385 2. $−9,214 3. $−10,950 4. $−12,343 Table Summary: A table divided into 3 columns shows a replacement analysis for a 4-year period. The column headers are given as: Column 1,Year; Column 2, Projected Market value in dollars; and Column 3, Operating costs in dollars per year. Year ProjectedMarket Value, $ OperatingCosts, $ per Year 0 29,000 — 1 28,000 −4000 2 22,000 −5000 3 17,000 −6000 4 13,000 −8400