The estimated future market values and M&O costs for the following defender and challenger are shown below. We are interested only in what happens over the hext three years.If the defender is to be replaced, it must be done now or kept in place for the 3 years.If -10%/year and 3-year study period, determine whether or not the challenger is economically advantageous now. Defender Challenger Year M&O Cost, $ Market Value, $ M&O Cost, $ 40,000 80,000 32,000 -45,000 65,000 -37,000 23,000 -45,000 39,000 -37,000 11,000 -45,000 20,000 -37,000 19,000 -38,000 11,000 -39.000 o w N on Replace the defender now Replace the defender after one year Replace the defender after two years Keep the defender for another year