The following table provides financial details of two machines - Machine I (current) and Machine J (proposed):

Machine	Book Value ($)	Remaining Useful Life (years)
Machine I (Current)	$90,000	8
Machine J (Proposed)	$240,000	20

With a required rate of return of 25%, should the company replace Machine I with Machine J? Utilize the net present value method for your analysis and provide a detailed explanation.