One year ago, your company purchased a machine used in manufacturing for 90000 . You have learned that a new machine is available that offers many advantages and that you can purchase it for today 170000 . The CCA rate applicable to both machines is 20% neither machine will have any long-term salvage value. You expect that the new machine will produce earnings before interest, taxes, depreciation, and amortization (EBITDA) of per year for the next 10 years. The current machine is expected to produce EBITDA 20000 of per year. All other expenses of the two machines are identical. The market value today of the current machine is 50000 . Your company's tax rate is 35% , and the opportunity cost of capital for this type of equipment is 12% . Should your company replace its year-old machine? What is the NPV of replacement?