A hardware company is considering replacing an old, fully depreciated power machine. Two options are available: $1.$ An electric$-$powered machine $($Project E$),$ which has an initial cost of $$360,000,$ a $6-$year life, and expected after$-$tax cash flows of $$102,000$ per year; $2.$ A gas powered machine $($Project G$),$ with an initial cost of $$190,000,$ a $3-$year expected life, and expected after$-$tax cash flows of $$90,000$ per year, and Assume that the company's cost of

capital is $14\%.$

Would you recommend the company replace the old machine? Please conduct a quantitative analysis to answer this question.