The TechGuide Company produces and sells 5,500 modular computer desks per year at a selling price of $550 each. Its current production equipment, purchased for $1,650,000 and with a 5 -year useful life, is only 2 years old. It has a terminal disposal value of $0 and is depreciated on a straight-line basis. The equipment has a current disposal price of $550,000. However, the emergence of a new molding technology has led TechGuide to consider either upgrading or replacing the production equipment. The following table presents data for the two alternatives: Data table Requirement 2. Now suppose the one-time equipment cost to replace the production equipment is somewhat negotiable. All other data are as given previously. What is the maximum one-time equipment cost that TechGuide would be willing to pay to replace rather than upgrade the old equipment? First, determine the equation you will use to calculate the maximum one-time equipment cost, which is denoted as X. Then, select the correct components of the equation and solve for X. The maximum one-time equipment cost that TechGuide will be willing to pay to replace the old equipment rather than upgrade it is