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Please Show Math w/ Answer! Replacement Analysis The best instrument Corporation is considering replacing the wood steamer et currently uses to shape guitar sides. The

Please Show Math w/ Answer!
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Replacement Analysis The best instrument Corporation is considering replacing the wood steamer et currently uses to shape guitar sides. The steamer has years of remain feet, the steamer will have depreciation expenses of $600 for 5 years and $300 for the secth year. Its current book value is $3,300, and it can be sold on anternet to 33,960 at this time. If the old steamer is not replaced, it can be sold for $800 at the end of its useful Gilbert is considering purchasing the steamer 1000, higher and teame, which costs $11.900 and has an estimated useful le of 6 years with an estimated value of $1,600. This steamer falls into the MACRS 5 years as the applicable depreciation rates are 20.00932.009, 19.20, 11.525, 11.52 and 5.7 The steamer is faster and wlows for an output expansion so Soles Wome by $2,000 per year; the new machine's much greater efficiency would reduce conting experts by 51,500 per year. To support the greater sales, the new machine would require that inventore increase by $2,900, but counts payable would comes increase $700 Gilbert's marginal federal plus state tax rate is 254, and the project cost of capital in 12 What is the NPV of the project? Do not round intermente calculations. Round your answer to the nearest dotter 3 Should it replace the old steamer? The old steamer Select be replaced

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