The law firm of Blossom and Wildhorse relies heavily on a colour laser printer to process its paperwork. Recently the printer has not functioned well and printjobs were not being processed. A major overhaul costing $12,800 would make the current printer work properly for the balance of its useful life. Management is considering updating the printer with a faster model. If sold now, the current printer would have a salvage value of $4,800. If operated for the remainder of its useful life, the current printer would have zero salvage value. The new printer is expected to have zero salvage value after 4 years. Prepare an analysis to show whether the company should retain or replace the printer, Of an amount reduces the net income then enter with a negative sign preceding the number,es,-15,000 or parentheis, es, (15,000)j