Flint Industries is considering the purchase of new equipment costing $$1,237,000$ to replace existing equipment that will be sold for $$182,900.$ The new equipment is expected to have a $$214,000$ salvage value at the end of its $5-$year life. During the period of its use, the equipment will allow the company to produce and sell an additional $37,300$ units annually at a sales price of $$24$ per unit. Those units will have a variable cost of $$13$ per unit. The company will also incur an additional $$97,000$ in annual fixed costs.