Racer Industries is currently purchasing Part No. 76 from an outside supplier for $84 per unit. Because of supplier reliability problems, the company is considering producing the part internally in an idle manufacturing plant. Annual volume over the next 6 years is expected to total 296,000 units at variable manufacturing costs of $79 per unit. Racer must acquire $84,000 of new equipment if it reopens the plant. The equipment has a 6-year service life, a $14,400 salvage value, and will be depreciated by the straight-line method. Repairs and maintenance are expected to average $5,600 per year in years 4-6, and the equipment will be sold at the end of its life. PV of an ordinary annuity at 149 0.877 FV of $1 at Year 149 1.140 FV of an ordinary annuity at 149 1.000 PV of $1 at 149 0.877 2 1.300 2.140 0.769 1.647 3 1.482 3.440 0.675 2.322 1.689 4.921 0.592 2.914 1.925 6.610 0.519 3.433 6 2.195 8.536 0.456 3.889 Required: Use the net-present-value method (total-cost approach) and a 14% hurdle rate to determine whether Racer should make or buy Part No. 76. Ignore Income taxes. (Negative amounts should be indicated by a minus sign. Round your answers to the nearest dollar amount.) Buy: Purchase Make: Variable manufacturing costs New Equipment Repairs and maintenance Equipment sale Total Racer should make or buy