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XYZ Co has equipment which it bought on January 1, 2017 for $200,000. XYZ depreciates the asset under the straight-line depreciation method over a 10-year period, with no salvage value. At the end of 2020, XYZ is considering replacing the equipment for a more modern version. The equipment's current market value is $68,000 XYZ solicited quotes from 2 manufacturers: Bolt Co: cost of new equipment $200,000 with a useful life of 6 years. This equipment would decrease variable manufacturing costs by $24,000 per year. Coco Co: cost of new equipment $270,000 with a useful life of 6 years. This equipment would decrease variable manufacturing costs by $30,000 per year. Should the equipment be replaced? If yes, with which company's equipment and why