Smith Engineering is considering the replacement of a dye-cutting machine. The current machine is 8 years old and was originally expected to last 10 years. It was purchased new for $500,000 and has been depreciated straight-line over its 10-year life with no salvage value. The machine is sellable today for $150,000. The new machine has been priced at $600,000 and is expected to last 4 years. The firms tax rate is 30%. If management