ON HOP One year ago your company purchased a machine woed in manufacturing for $110,000. You have leamed that are machine is available that offers many advantages and you can purchase it for $150,000 today will be depend on straight line basis over 10 years and has no salvage value. You expect that the new machine will produce a gross margin (revenues minus operating expenses other than depolation of 540.000 per year for the at 10 year. The current machines spected to produce a grous marginal $23.000 per year. The current machine is being deprecated on a straight line basis overal of 1 year and here lage value, so de expense for the current machine 510,000 per you. The market value today of the current machine is 555,000 your company's tax rate 36%, and the opportunity cost of capital for the type of equipment 115 Il your company replace it year-old machine? The NPV emplacing the year old machine Round to the rear dolar)