A salesperson is trying to convince you to buy a new copy machine for her department. The following information is provided:

The old machine cost $30,000, and the repair technician estimates that it has five years of remaining useful life.

The new machine costs $60,000 and will also last for five years (the old machine is a workhorse that was built to last).

The salvage value of the old machine is $15,000.

The new machine will use 20% less electricity, saving the company $10,000 per year over the life of the machine.

Both machines require an operator, whose salary and benefits total $40,000 per year.

Make the case for buying a new copy machine.