The following cost analysis was done on a forklift that is currently owned by Montana Apiaries Inc (see table below). If the best challenger alternative minimum EUAC (Equivalent Uniform Annual Cost) is $3,600/yr, when if at all should the current forklift (defender) be replaced? Year Marginal Cost of Defender 1 $ 3,450 2 S 3,590 3 3,770 NOTE: Marginal Costs are year-by-year estimates of the costs to own an asset for that particular year. Should not be replaced Should be replaced immediately end of year 2 end of year 3 end of year 1