Please find the NPV of replacement and if the company should replace the machine

Problem 9 - 13 Question Help One year ago , your company purchased a machine used in manufacturing for $120 000 You have learned that a new machine is available that offers many advantages and that you can purchase it for $170 000 today . 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 , a on , and amortization ( EBITDA ) of $50.000 per year for the next ten years . The current machine is expected to produce EBITDA of 522 000 per year . 100 per year . All other expenses of the two machines are identical . The market value today of the curent machine is $50,000 100 . Your company's tax rate is 45 % and the opportunity cost of capital for this type of equipment is 12 % Should your company replace its year- old machine What is the NPY of replacement ? The MPV of replacement is ( Round to the nearest dollar )