l) A lumber company that cuts ne woods for cabinetry is evaluating whether it should retain the current bleaching system or replace it with a new one. The relevant costs for each system are known or estimated. Use an interest rate of 10% pYE to (it) perform the replacement analysis and 0:) determine the minimum resale price needed to make the challenger replacement choice now. Is this a reasonable amount to expect for the current system? Current New System System First cost 7 years ago, 5 450,000 First cost, 5 700,000 Remaining life, years 5 10 Current market value, 5 50,000 ADC, $ per year 400,000 450,000 Future salvaE, $ 0 50,000