Replacement Analysis Although the Chen Company's milling machine is o|dr it is still in relatively good working order and would last for another 10 years. It is inefcient compared to modern standards, though, and so the company is considering replacing it. The new milling machine, at a cost of $116,000 delivered and installed, would also last for 10 years and would produce aftertax cash ows {labor savings and depreciation tax savings) of $19.000 per year. It would have zero salvage value at the end of its life. The project cost of capital is 10%, and its marginal tax rate is 25%. Should Chen buy the new machine? Do not round intermediate calculations. Round your answer to the nearest cent. Negative value, if any, should be indicated by a minus sign. NPV: $ Chen purchase the new machine