Problem 11-13 Replacement Analysis The Everty Equipment Company's Mange-lipping machine was purchased 5 years ago for $80,000. It had an expected life of 10 years when it was bought and its remaining depreciation is $8,000 per year for each year of its remaining life. As older Mange-lippers are robust and useful machines, this one can be scid for $20,000 at the end of its useful life. A new high-efficiency digital-controlled flange upper can be purchased for $150,000, including installation costs. During its 5-year fe, it will reduce cash operating expenses by $45,000 per year, although it will not affect sales. At the end of its useful life, the high-efficiency machine is estimated to be worthless MACRS depreciation will be used, and the machine will be deprecated over its 3-year class life rather than its 5-year economie e, no the applicable depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41% The old machine can be sold today for $55,000. The firm's tax rate is 35%, and the appropriate cost of capital is 15% of the new lange-tipper is purchased, what is the amount of the initial cash flow at Year O? Round your answer to the nearest whole dollar 6. What are the incremental net cash nows that will occur at the end of Years 1 through 57 Do not found intermediate calculations. Round your answers to the nearest whole dollar CH CF CFA CE What is the NPV of this project? Do not rouns intermediate calculations, Round your answer to the rear it while tomar Should Everly replace the tange-loper? Select