A company has an industrial pizza oven that still has a useful life of 2 years, a book value of $2,000, could be currently sold for $150, and a salvage value of $100 at the end of it's useful life. They are considering replacing it with a new industrial pizza oven that will cost $16,000 that will last for 8 years with a salvage value of $1,600 at the end of the 8 years. Depreciation is not being considered in this analysis. By replacing the industrial pizza oven, they expect to increase annual earnings before taxes (through efficiencies) by $7,500 a year increasing by 3% annually. Their net income is taxed at a 31% rate. Do a cash flow analyses, show the appropriate analysis, and recommend whether the new industrial pizza oven should be bought now or in 2 years when the old pizza oven must be replaced. Project WACC is 8.5%. Provide NPV, IRR, MIRR, and the Profitability Index of the project.