Racer Industries is currently purchasing Part No. 76 from an outside supplier for $98 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 282,000 units at variable manufacturing costs of $93 per unit. Racer must acquire $98,000 of new equipment if it reopens the plant The equipment has a 6-year service life, a $15,800 salvage value, and will be depreciated by the straight-line method. Repairs and maintenance are expected to average $7,000 per year in years 4-6, and the equipment will be sold at the end of its life. V of an ordinary annuity at 22N PV of $1 at PV of $1 at PV of an ordinary annuity at 22 0.820 Vear 22% 1.220 22% 1.000 0.820 2. 1.488 2.220 3.708 5.524 7.740 0.672 1.492 1.816 2.215 2.703 0.551 0.451 2.042 2.494 2.864 0.370 3.297 10.442 0.303 3.167 ces Required: Use the net-present-value method (total-cost approach) and a 22% 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 manutacturing costs New Equipment Repairs and maintenance Equipment sale Total Racer should make or buy