Ivanhoe Roofing is faced with a decision. The company relies very heavily on the use of its 60 -foot extension lift for work on large homes and commercial properties. Last year, Ivanhoe Roofing spent $74,400 refurbishing the lift. It has just determined that another $41,500 of repair work is required. Alternatively, it has found a newer used lift that is for sale for $177,000. The company estimates that both lifts would have useful lives of 5 years. The new lift is more efficient and thus would reduce operating expenses from $105,000 to $80,200 each year. Ivanhoe Roofing could also rent out the new lift for about $10,500 per year. The old lift is not suitable for rental. The old lift could currently be sold for $26,000 if the new lift is purchased, The new lift and old lift are eatimated to have salvage values of zero if used for another 5 years. Prepare an incremental analysis showing whether the company should repair or replace the equipment. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses eg. (451)