3. Your, assignment t is to prepare a ATCF replacement analysis study A new machine is under consideration; it will cost $100,000 and have annual operating and maintenance cost of $9,000. The new machine has an economic life of 20 years and a salvage value of $20,000. Use for depreciation straight-line method. For both machines use income tax rate of 40%,and MARR of 8% The actual machine was installed 10 years ago at a cost of $90,000, original useful life 20 years... Now it has a market value of $45,000. If kept has an economic life of ten (10) years and a salvage value of $10,000. .Annual operating and maintenance cost of $12,000. For depreciation use straight line method salvage value for depreciation purposes of $10,000. a. Set up a table for the computation of ATCF for defender and challenger, and determine whether replacement now is economical. Use EUAC or AW (25ptos) Challenger (New Machine) JA] EOYK] BTCF JC=A-B D-tC_ |E]=A+D TAX= -40'T B depreciation Taxable CF Income ---- 1-20 20 Defender (Actual Machine) JAJ EOYIK] BTCF JC=A-B [D-tC_ |E]=A+D TAX= -40*TI BI depreciation Taxable CF Income 1-10 10