The replacement of a planning machine is being considered by the Reardorn Furniture Company. (There is an indefinite future need for this type of machine.) The best challenger will cost $25,000 for installation and will have an estimated economic life of 11 years and a $1,500 MV at that time. It is estimated that annual expenses will average $15,500 per year. The defender has a present BV of $6,500 and a present MV of $4000. Data for the defender for the next three years are given below. Using a before-tax interest rate of 18% per year, make a comparison to determine whether it is economical to make the replacement now Year MV at End of BV at End of Expenses during Year $3,000 2,500 2,000 Year $4,875 3,250 1,625 the Year $18,000 22,000 26,000 Click the icon to view the interest and annuity table for discrete compounding when ,-18% per year Fill in the table for the EUAC values for the defender for years 1-3. (Round to the nearest dollar.) Year EUAC The EUAC for the challenger over its useful life is $ (Round to the nearest dollar) The replacement should be made