Blue Band Company is considering replacing a piece of equipment that is presently used in the production of its product. The following data are available: Replacement Old Equipment Equipment $140,000 5 0 Original cost Useful life in years Current age in years Book value Disposal value now Disposal value in 5 years Annual cash operating costs $200,000 10 5 $100,000 $27,000 0 $22,000 0 $15,000 b. Should the equipment be replaced? Explain why or why not. Discuss how much money will be saved by your decision