You own several copiers that are currently valued at $10,000, combined. Annual operating and maintenance costs for all copiers are estimated at $8.000 next year, increasing by 10 percent each year thereafter. Salvage values decrease at a rate of 20 percent per year. You are considering replacing your existing copiers with new ones that have a suggested retail price of $25,000. Operating and maintenance costs for the new equipment will be $3.000 over the first year. increasing by 10 percent each year thereafter. The salvage value of the new equipment is well approximated by a 20 percent drop from the suggested retail price per year. Furthermore, you can get a tradein allowance of $12,000 for your equipment if you purchase the new equipment at its suggested retail price. Your MARR is 0 percent. Should you replace your existing equipment now? 5| Click the icon to view the table of compound interest factors for discrete compounding periods when i = 0%. The economic life of the existing equipment is D year[s} with a total Ef-'iC of $D. This is a total EAC than the new equipment. which has an economic life of D year[s} and a total EAC of $|:|_ You replace your existing equipment now. [Round to the nearest whole number as needed.)