The Gilbert Instrument Corporation is considering replacing the wood steamer it currently uses to shape guitar sides. The steamer has 6 yeare. Internet auction site for $3,615 at this time. If the old steamer is not replaced, it can be sold for $800 at the end of its useful life. Gilbert is considering purchasing the Side Steamer 3000 , a higher-end steamer, which costs $12,500 and has an estimated estimated salvage value of $1,200. This steamer falls into the MACRS 5 -years class, so the applicable depreciation 20.00%, 32.00%, 19.20%, by $2,900, but accounts payable would simultaneously increase by $700. Gilbert's marginal federal-plus-state tax is 25%, and the project cast is 10%. What is the NPV of the project? Do not round intermediate calculations. Round your answer to the nearest dollar. $ Should it replace the old steamer? The old steamer be replaced