Your company's old computer system cost $2.5 million 5 years ago when it was purchased new. Last year it was upgraded at a cost of $300,000. It's current maintenance cost is $500,000 per year, and it is expected to last another 4 years at this annual maintenance level. Its current salvage value is $0. A new computer system is currently available for a price tag of $1.4 million dollars installed. Training on the new system will cost an additional $100,000 in the first year only, and its annual maintenance cost is expected to be $200,000 per year. In addition, the new system will eliminate one job for an annual saving of $100,000. The new system is expected to last 4 years with a zero salvage value. Ignoring the "time value of money" your company should.............. Ignoring the time value of money" your company should............. replace the old system with the new system to achieve savings of $400,000 in total over the next 4 years replace the old system with the new system to achieve savings of $100,000 in total over the next 4 years keep the old system as it is cheaper by $100,000 annually over the next 4 years keep the old system as it is cheaper by $100,000 in total over the next 4 years