ABC Company has an overhead conveyor that has an estimated remaining life of 10 years. The conveyor can be sold now for $18,000. If the crane is kept in service, it must be overhauled at a cost of $4,000. Operating and maintenance costs will be $2, 250 per year after the conveyor is overhauled. The overhauled conveyor will have zero market value at the end of the 10 year study period. A new conveyor will cost $25, 375, will last for 10 years and have a market value of $2,000. Operating and maintenance costs are $1, 900 per year for the new conveyor. The MARR is 10%. Should the company replace the new conveyor? Show the analysis