One year ago, your company purchased a machine used in manufacturing for $$95,000.$ You have learned that a new machine is available that offers many advantages and that you can purchase it for $$150,000$ today. The CCA rate applicable to both machines is $30\%$; 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 $$60,000$ per year for the next $10$ years. The current machine is expected to produce EBITDA of

What is the NPV of replacement?