20 Nola Industries owns Machine A that was purchased 2 years ago for $110,000. The machine belongs to the CCA Class 10, with CCA rate of 20%. Machine A may stay operational for 2 more years from today, at which time its resale value will be $12,000, but it could be sold now for $30,000. If Nola Industries buys machine B now, the annual before-tax revenues will increase by $20,000 and annual before-tax expenses will decline from $60,000 to $40,000. Machine B costs $70,000 and belongs to CCA class 10. Machine B has projected life of 2 years and its resale value at the end of 2 years will be $9,000. The tax rate is 30% and cost of capital is 15%. What is the NPV of this replacement project? A) $5,280 B) $8,210 $9,817 $10,050 E) $-35,703