Bruin Manufacturing is evaluating whether it should retain its current environmental test chamber and room or sell it immediately and purchase a new one. The relevant costs are shown below. The current one can be kept for another 5 years, given that an additional maintenance cost of $500 each year is provided each year. Determine whether the current equipment should be replaced. Use a before-tax MARR of 13% per year and the annual cost method. Defender Challenger Capital investment, $ 3 years ago 33,000 Capital investment, $ 38,000 Annual operating expenses, $ 5250 5450 Annual maintenance, $ 500 Current market value 13,000 Estimated salvage 1500 value at the end of 5 23,000 additional years Bruin Manufacturing is evaluating whether it should retain its current environmental test chamber and room or sell it immediately and purchase a new one. The relevant costs are shown below. The current one can be kept for another 5 years, given that an additional maintenance cost of $500 each year is provided each year. Determine whether the current equipment should be replaced. Use a before-tax MARR of 13% per year and the annual cost method. Defender Challenger Capital investment, $ 3 years ago 33,000 Capital investment, $ 38,000 Annual operating expenses, $ 5250 5450 Annual maintenance, $ 500 Current market value 13,000 Estimated salvage 1500 value at the end of 5 23,000 additional years