) One year ago, your company purchased a machine used in manufacturing for $110,000. You have learned that a new machine is now available that offers many advantages; you can purchase it for $150,000 today. The CCA rate applicable to both machines is 40%; neither machine will have any long-term salvage value. You expect that the new machine will produce EBITDA of $40,000 per year for the next 10 years. The current machine is expected to produce EBITDA of $20,000 per year. All other expenses of the two machines are identical. The market value today of the current machine is $50,000. Your company's tax rate is 45% and the opportunity cost of capital for this type of equipment is 10%. The NPV of replacing this machine is closet to: a) -$32,409.76 b) -$27,108.66 c) $1,953.87 

d) $122,891.34