Apricot Computers is considering replacing its material handling system and either purchasing or leasing a new system. The old system has an annual operating and maintenance cost of $34,000, a remaining life of years, and an estimated salvage value of $5,800 at that time. A new system can be purchased for $253,000; it will be worth $23,000 in 8 years and it will have annual operating and maintenance costs of $18,000/year. If the new system is purchased the old system can be traded in for $20,000, Leasing a new system will cost $27.000/year payable at the beginning of the year, plus operating costs of 9.600/year, payable at the end of the year. If the new system is leased, the old system will be sold for $9,100. MARR is 14%. Compare the annual worths of keeping the old system, buying a new system, and teasing a new system based upon a planning horizon of 8 years Click here to access the TVM Factor Table Calculator For calculation purposes use 5 decimai places as displayed in the factor tobie provided Round answer to 2 decimal places, es. 52.75. The absolute cell tolerance is 21 Parta * Your answer is incorrect. What is the EUAC of the best option using the cash flow approach? 48409