Genesis Energy provides electricity to several rural counties in the state. Its efficiency has been greatly affected by changes in technology. The company is currently considering the replacement of a main turbine, which is technologically obsolete. The turbine's operation is very reliable, but it is much less efficient than newer turbines. The CFO presented the following financial information to management: $4,000,000 $6,000,000 Old New Turbine Turbine Original Cost Market $6,000,000 Value $400,000 (today) Remaining Life 8 years Quarterly $45,000 Operating S210,000 Costs Salvage SO Value in $ Eight Years Accumulated Depreciation $800,000 hot so 8 years Required: A. Identify (list) the costs that are relevant to the company's equipment replacement decision. B. Determine whether it is more financially sound to keep the old turbine or replace it. Provide your computations based on relevant costs only. management: Old New Turbine Turbine Original $6,000,000 $4,000,000 Cost Market $6,000,000 Value $400,000 (today) Remaining Life Quarterly $45,000 Operating S210,000 Costs Salvage Sol Value in SO Eight Years Accumulated SOL $800,000 Depreciation 8 years 8 years Required: A. Identify (list) the costs that are relevant to the company's equipment replacem decision B. Determine whether it is more financially sound to keep the old turbine or repla it. Provide your computations based on relevant costs only. C. For this requirement, assume that the acquisition cost of the new turbine is unknown. What is the maximum amount that the company could pay for the new turbine and be in the same financial condition as it is in currently