To convert to Brother, two operators would have to be retrained. Required training and remodeling would cost \$6,000. Portland State's three Xerox machines were purchased for $12,000 each, 2 years ago. Their expected life was 14 years. Their resale value now is $1,500 each and will be zero in 12 more years. The total cost of the new Brother equipment will be $40,000; it will have zero disposal value in 12 years. The three Xerox operators are paid $10 an hour each. They usually work a 40 -hour weok. Machine breakdowns occur monthly on each machine, resulting in repair costs of $25 per month and overtime of 8 hours, at time-and-one-half, per machine per month, to complete the normal monthly workload. Toner, supplies, and so on, cost $90 a month for each Xerox copier. The Brother system will require only two regular operators, on a regular work week of 40 hours each, to do the same work. Rates are $13 an hour, and no overtime is expected. Toner, supplies, and so on, will cost a total of $4,500 annually. Maintenance and repairs are fully serviced by Brother for $525 annually. (Assume a 52 -week year.) Using the browser's print option may create an undesirable printout. Use the Print option in your question instead to get a Ising the browser's print option may create an undesirable printout. Use the Print option in your question instead to get a unwersfy, Portano stane ooes not pay income taxes. Begin by completing the NPV using the total project approsch. First, complete the "reploce" cption and then complete the "koop" option and calculate the diference In NFV botween the altematives. (Eintor the present value factor to focir docimal places, "X X0X. Rround dollar arnounls to the nearest whole ruimber. Use a minus) sign or parenthoses for annual net cath outtiows and for a negative not present valuo.) Requirements 1. Using DCF techniques, compute the PV of all relevant cash flows, under both alternatives, for the 12-year period discounted at 14\%. As a nonprofit university, Portland State does not pay income taxes. 2. Should Portland State keep the Xerox copiers or replace them if the decision is based solely on the given data? 3. What other considerations might affect the decision