Kate and Bryant, Inc. are considering purchasing a new high-tech dryer for their hair salon that dries hair in half the time of their current hair dryers. If they are using the project profitability index, the hairdryer equipment purchase should: be reduced by the amount of any salvage recovered from the sale of old equipment. be reduced by the amount of any salvage recovered from the sale of both the old and new equipment. not be adjusted for the salvage value of old or new equipment. be reduced by the amount of any salvage recovered from the sale of the new equipment at the end of its useful life