With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render its AW equal to that of machine Y at an interest rate of 12% per year. Determine the replacement value. Market Value, S Annual Cost, S per Year Salvage Value Life, Years The replacement value is S Machine X _60,000 20,500 3 Machine Y 91,000 40,000 for year l,increasing by 2000 per year thereafter. 25,000 5