Crane Sporting Goods is planning to buy a new equipment to replace the existing old equipment. The new equipment will not affect the firm's unlevered not income or not working capital. The old equipment was purchased 3 years ago at a price of $12 million and follows a five year straight line depreciation method The old equipment has a market value of $0.5 million now and $0 in the future The new equipment will cost 1 milion and follows a five-year straight-ino depreciation method. By the end of year five the CEO expects to sell the new equipment for a price of 50 milion What is the NPV of the equipment replacement plan for the next five years at a discount rate of 12%? The marginal tax rate for the firm is 25% OA -0046 million OB -0.054 million 0 035 million 10 0,045 million