2. KISS 92.5 is considering the replacement of its old, fully depreciated sound mixer. Two new models are available. Mixer X has a cost of $743,000, a six-year expected life and after-tax cash flow savings of $296,000 per year. Mixer Y has a cost of $989,000, a ten- year life and after-tax cash flow of $279,000 per year. No new technological developments are expected. The cost of capital is 12%. Should KISS 92.5 replace the old mixer with X or Y? a) Mixer X b) Mixer Y c) None of the above d) All of the above