Martin Inc. has a pump with a book value of $41,000 and a 4-year remaining life. A new, more efficient pump, is available at a cost of $62,000. Martin can also receive $9,700 for trading in the old pump. The new pump will reduce variable costs by $13,700 per year over its four-year life. Should the pump be replaced? Multiple Choice No, because income will decrease by $13,700 per year. No, Janko will record a loss of $19,400 if they replace the pump. No, because the company will be $2,500 worse off in total. Yes, because income will increase by $2,500 in total. Yes, because income will increase by $2,500 per year