A component product is presently being manufactured using equipment that is fully depreciated. With suitable annual overhauls and an upfront cost of $20,000, it can be used by the company for another three years. The cost of these overhauls is expected to be $40,000 per year (payable at the beginning of each year), and at the end of the third year the overhauled machine is expected to have a salvage value of $10,000. Unit sales per year (via transfers to other production departments) 20,00...20,000 A new machine can be purchased for $134,350 cash with an expected life of three years and no expected salvage value at the end of three years. The projected sales and cost of operations for both the old and new machines for each of the next three years follow. Assume that the time value of money for this company is 10% per year, and ignore income taxes