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One year ago, your company purchased a machine used in manufacturing for $ 110,000. You have learned that a new machine is available that offers many advantages, you can purchase h for $160,000 today. It will be depredated on a straight-line basis over ten years and has no salvage value. You expect that the new machine will produce a gross margin (revenues minus operating expenses other than depreciation) of $45,000 per year for the next ten years. The current machine is expected to produce a gross margin of $24,000 per year. The current machine is being depredated on a straight-line basis over a useful life of 11 years, and has no salvage value, so depredation expense for the current machine is $10,000 per year. The market value today of the current machine is $45,000. Your company's tax rate is 42%, and the opportunity cost of capital for this type of equipment is 10%. Should your company replace its year-old machine