A large beer cooler with a book value of $70,000 has an estimated remaining five-year life. A proposal is offered to sell the cooler for $10,000 and replace it with a new cooler costing $120,000. The new machine has a five-year life with no residual value. The new machine would reduce annual maintenance costs by $25,000 (per year). Provide a differential analysis on the proposal to replace the large beer cooler... Make sure you show all calculations to get credit. Make sure you state clearly whether it should be replaced or not and why