15. Problem 11-04 (Replacement Analysis) eBook Replacement Analysis Although the Chen Company's miling machine is old, it is still in relatively good woring order and would last for another 10 years. It is inefficient compared to modern standards though, and to the company is considering replacing it. The new miling machine at a cost of $:20,000 de veceddinstalled, would be last for 10 years and would producer tax cash flows (labor savings and depreciation tax savings) of 510.100 per year. It would have 2 savage value at the end of the project cost of capital 119 and its marginal tax rate is 25% Should Chen buy the new machine? Do not found intermediate calculations. Round your answer to the rest cent. Negative value fan, thould be indicated by a minus sign NPS Chan Select purchase the new machine