X Company is considering replacing one of its machines in order to save operating costs. Operating costs with the current machine are $68,000 per year; operating costs with the new machine are expected to be $45,000 per year. The new machine will cost $71,000 and will last for 5 years, at which time it can be sold for $4,000. The current machine will also last for 5 more years but will have zero salvage value. Its current disposal value is $7,000. Assuming a discount rate of 8%, what is the net present value of replacing the current machine? [Note: For the capital budgeting questions, use the Present Value tables in the Coursepack or with the link after the last exam question.] OA: $6,914|OB: $10,025 OC: $14,537 OD: $21,078 OE: $30,563|| OF: $44,316