Concord Industries is considering the purchase of new equipment costing $852,000 to replace exdisting equipment that will be sold for $127,800. The new equipment is expected to have a $142,000 salvage value at the end of its 3-year life. During the period of its use, the equipment will allow the company to produce and sell an additional 21,300 units annually at a sales price of $14 per unit. Those units will have a variable cost of $9 per unit. The company will also incur an additional $63,900 in annual fixed costs. displayed in the factor table provided and round final answer to 0 decimal 59, 992 or parentheses e.g. (59,992).) place, e.g. 58,971. Enter negative amount using a negative sign preceding the number e.g. (b) Do you recommend that Concord Industries invest in the new equipment? Click if you would like to Show work for this question: Open Showro