Replacement Analysis The Gibert instrumant Corporation is considering replacing the wood tharer it currently utet to shape guitar tidet. The steamer:has 5 rears of remaining life. If kept. the steamer will have depceciation axpenses of 5550 for 5 years and 5275 for the surth yeac fts current book velue is 53,025 , and it can be sold an an fntarnet auctian she for $3,695 at this time. If the old steacmer is not replsced, it can be taid for 5000 at the end of its useful life. Gibert is coneldering purchesing the side stemmer 3000 , a highar-ond stemmer, which costs 311,500 and has an e1timated useful ife of 6 vean with an entimated 5.76W. The new tteamer is faster and allows for an eutput expanaion, so sales would rist by $2,600 par vear. the newi machine's mich greater emielency would reduce operating expenses by $1,500 per year. To support the greater sales, the new machine would roquirh that inventoriet incresst by 12.900 , but actounti payyble would simultaneousfy incease by s700. Gilbert't marginal federal-plas-atate tar rate is 25 , and the project cont of capital ia 12 th What it the NPV of the project? Do not round ietermedinte calculations. Round your anmwer to the nenrest dollor 1 Should it repiace the oid stamert? The oid stsamer be replaced