[ 4 pts. ] A pulp and paper company is evaluating whether it should retain the current bleaching process that uses chlorine dioxide or replace it with a proprietary Oxypure process. The relevant information for each process is shown. Use an interest rate of 12% per year. Which one of the following value is closest to the replacement value? Current Process Oxypure Process -450,000 Original cost 6 years ago, (S) Investment cost now, (S) - 1,000,000 25,000 -220,000 Current market value, (S) Annual operating cost, ($) Salvage value, (S) Remaining life, (years) - 110,000 35,000 0 3 12 Select one: a. - 144,071 b. - 78,038 C. 180,088 d. - 120,059 [ 4 pts. ] A pulp and paper company is evaluating whether it should retain the current bleaching process that uses chlorine dioxide or replace it with a proprietary Oxypure process. The relevant information for each process is shown. Use an interest rate of 12% per year. Which one of the following value is closest to the replacement value? Current Process Oxypure Process -450,000 Original cost 6 years ago, (S) Investment cost now, (S) - 1,000,000 25,000 -220,000 Current market value, (S) Annual operating cost, ($) Salvage value, (S) Remaining life, (years) - 110,000 35,000 0 3 12 Select one: a. - 144,071 b. - 78,038 C. 180,088 d. - 120,059