Zenith Corp a heavy machinery manufacturer, has the following data on its balance sheet as of $12/3$

$1/21$ Manufacturing equipment cost $39,704,00,$ Less accumulated depreciation $(36,910,000).$ The foot notes also reveal that the average expected useful life of maunfacturing equipment is $15$ years. Whch of the following conclusoincan you draw from the data? A$)$ Company equipment is near the end of its expected useful life, b$)$ company may need to raise capital if there is not enough internal cash flow to cover increased capital spending c$)$ a and b are true d$)$ the company needs to spend a considerable amoutn inreplacing its manufacturing equipment in the near future