(10pts) Jensen Company is considering the replacement of equipment used in operations. The following data are available: Original cost Useful life in years Old Equipment New Equipment $ 150,000.00 $35,000.00 7 12 Current age in years Book value 5 $ 65,000.00 0 Disposal value now Disposal value in 7 years $ 29,000.00 - $ - Annual cash operating costs $ 10,000.00 $ - $ 8,000.00 A) Prepare a cost comparison for replacing the old equipment. Use only relevant items and add the items together. for the next 7 years. B) Should the old equipment be replaced?