using a so- Five years ago a chemical plant investeol. $95,000, in pumping Station en a Nearby given to provide the water tequiceol toy their Production process. Straight-line depreciation is employed for taxe purposes .year life and zero Salvage Valut. A nearby city has offered to purchase the pumping stating for $ 75,000 as it is in the process of developing a city water distribution mustem. The presenning city is willing to sign a 10-year contreact with the plant to provide the plant with its reguvireal volume of water for a price of $ 20,000 per year. Plant officials estimate that the Salvage value of the pumping Station 10 years hence will be estancat about $ 27,000 The betove-tase MARR is 10% Dey year. An effective income fare rate of 30% is to be assumedle compare the amuse! cast Calten taxes of the defender (keep the pumping Stution) to the challenger Casell estation 140 the city) Amal help plant management determine the more economical Courbl of Gotion. Assume study periool to 10 years, The EUAC Defender is? The EuAC Challenger is