Your answer is partially correct. The law firm of Pharoah and Blossom relies heavily on a colour laser printer to process its paperwork. Recently the printer has not functioned well and print jobs were not being processed. A major overhaul costing $11,200 would make the current printer work properly for the balance of its useful life. Management is considering updating the printer with a faster model. If sold now, the current printer would have a salvage value of $3,700. If operated for the remainder of its useful life, the current printer would have zero salvage value. The new printer is expected to have zero salvage value after 4 years. Prepare an analysis to show whether the company should retain or replace the printer. (If an amount reduces the net income then enter with a negative sign preceding the number, es. - 15,000 or parenthesis, es. (15,000).) Prepare an analysis to show whether the company should cetainor replace the printer. (ff an amount reduces the net income then enter with a nesative sign preceding the number, eg - 15.000 or parenthesis, es. (15,000)N)