O P 9-17 (book/static) Question Help One year ago your company purchased a machine used in manufacturing for $110,000. You have learned that a new machines valable that offers many advantages and you can purchase for $150.000 today I will be depreciated on a straight line basis over 10 years and has no salvage value. You expect that the new machine will produce a grous margin revenous perting expenses other than depreciation of 540000 per year for the next 10 years. The current machine is expected to produce a gross margin of $20,000 per year. The current machine is being deprecated on a whine basis over te of 11 years and has no savage value o depreciation expense for the current machine is $10.000 per year. The market value today of the current machine l 350.000. Your company's tax weis 45%, and the opportunity cost of capital for this type of wint is 10% Should your company replace its year-old machine? The NPV of replacing the year old machine Round to the nearest dolar) Enter your answer in the answer box and then click Check Answer 1 pa remaining 8 O . e E >> Type here to search lipi