! Required information State-of-the-art digital imaging equipment purchased 2 years ago for $50,000 had an expected useful life of 5 years and a $5000 salvage value. After its poor installation performance, it was upgraded for $20,000 1 year ago. Increased demand now requires another upgrade for an additional $27,000 so that it can be used for three more years. Its new annual operating cost will be $31,000 with a $13,500 salvage after the 3 years. Alternatively, it can be replaced with new equipment costing $64,500, an estimated AOC of $15,500, and an expected salvage of $24,500 after 3 years. If replaced now, the existing equipment can be traded for only $7,000. Use a MARR of 13% per year. Based on the poor experience with the current equipment, assume the person conducting the analysis decides the challenger may be kept for only 2 years, not three, with the same AOC and salvage estimates for the 2 years. What is the decision? The company should (Click to select)