Chipper Company is considering replacing a delivery vehicle. The current vehicle has a book value of $14,500 and a remaining useful life of three years. Chipper can sell the current vehicle now for $9,000. The current vehicle's variable manufacturing costs are $15,600 per year. The new vehicle has a cost of $32,500, and its variable manufacturing costs are $9,200 per year. Prepare a keep or replace analysis of income effects for the vehicles and decide whether the company should replace their delivery vehicle