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$$ advantages; you can purchase it for $ $150000$ today. It will be depreciated on a$$ straight$-$line basis over $10$ years, after which it has no salvage value. You expect that the new machine will contribute EBITDA$($earnings before$$ interest, taxes,$$ depreciation, and$$ amortization$)$ of $ $55000$ per year for the next $10$ years. The current machine is expected to produce EBITDA of $ $23000$ per year. The current machine is being depreciated on a$$ straight$-$line basis over a useful life of $11$ years, after which it will have no salvage$$ value, so depreciation expense for the current machine is $ $8181\mathrm{.}82$ per year. All other expenses of the two machines are identical. The market value today of the current machine is $ $50000.$ Your$$ company's tax rate is $45\%,$ and the opportunity cost of capital for this type of equipment is $10\%.$ Is it profitable to replace the$$ year$-$old machine?

The NPV of the replacement is $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$

Part $2$

Should your company replace its$$ year$-$old machine? $($Select the best choice$$ below.$)$

A$.$No there is a loss from replacing the machine.

B$.$Yes there is a profit from replacing the machine.