2.1 A company has an overhead crane that has an estimated remaining life of 6 years. The crane can be sold now for $4,500. If the crane is kept in service, it must be overhauled immediately at a cost of $6,000. Operating and maintenance costs will be $3,000 per year after the crane is overhauled. The overhauled crane will have $2,000 MV at the end of the 6-year study period. A new crane will cost $43,000, will last for 6 years, and will have a $8,000 MV at that time. Operating and maintenance costs are $1,200 per year for the new crane. The company uses a before-tax interest rate of 11% per year in evaluating investment alternatives. I a) What is the AW of the defender? (Round your answer to the nearest integer) 0.5 Points LATEX 2.2 b) What is the AW of the challenger? Round your answer to the nearest integer 0.5 Points LATEX ? 2.1 A company has an overhead crane that has an estimated remaining life of 6 years. The crane can be sold now for $4,500. If the crane is kept in service, it must be overhauled immediately at a cost of $6,000. Operating and maintenance costs will be $3,000 per year after the crane is overhauled. The overhauled crane will have $2,000 MV at the end of the 6-year study period. A new crane will cost $43,000, will last for 6 years, and will have a $8,000 MV at that time. Operating and maintenance costs are $1,200 per year for the new crane. The company uses a before-tax interest rate of 11% per year in evaluating investment alternatives. I a) What is the AW of the defender? (Round your answer to the nearest integer) 0.5 Points LATEX 2.2 b) What is the AW of the challenger? Round your answer to the nearest integer 0.5 Points LATEX