Please Show Steps. No Excel

The following data represent the estimates for a new field equipment for a construction company. The management uses an interest rate of 8%. The market value of the old field equipment is now $85,000. Year (n) Operating Maintenance Market value if cost in year Cost in Year sold at end of Year n n In 11 $10,000 $8,000 $80,000 2. 65,000 15,000 17,000 13,000 15,000 13 50,000 14 20,000 26,000 40,000 15 25,000 36,000 35,000 16 30,000 49,000 30,000 17 35,000 74,000 25,000 Data for new equipment is available. Its economic life is known and equals 9 years and its minimum Equivalent Uniform Annual Cost (EUAC) is $65,000 per year. Conduct replacement analysis to examine when the existing field equipment should be replaced with the new one. Clearly organize and show your calculation steps. The following data represent the estimates for a new field equipment for a construction company. The management uses an interest rate of 8%. The market value of the old field equipment is now $85,000. Year (n) Operating Maintenance Market value if cost in year Cost in Year sold at end of Year n n In 11 $10,000 $8,000 $80,000 2. 65,000 15,000 17,000 13,000 15,000 13 50,000 14 20,000 26,000 40,000 15 25,000 36,000 35,000 16 30,000 49,000 30,000 17 35,000 74,000 25,000 Data for new equipment is available. Its economic life is known and equals 9 years and its minimum Equivalent Uniform Annual Cost (EUAC) is $65,000 per year. Conduct replacement analysis to examine when the existing field equipment should be replaced with the new one. Clearly organize and show your calculation steps