X Company is considering replacing one of its machines in order to save operating costs. Operating costs with the current machine are $70,000 per year; operating costs with the new machine are expected to be $33,000 per year. The new machine will cost $54,000 and will last for five years, at which time it can be sold for $1,500. The current machine will also last for five more years but will not be worth anything at that time. It cost $31,000 three years ago but is currently worth only $8,000. Assuming a discount rate of 5%, what is the incremental net present value of buying the new machine instead of keeping the current machine? A: $62,607 B: $70,746 C: $79,943 D: $90,335 E: $102,079 OF: $115,349 Submit Answer Tries 0/99 Communication Blocked Send Feedback