Current Attempt in Progress

Concord Corp. is planning to replace an old asset with new equipment that will operate more

efficiently. The following amounts may be relevant to this analysis.

Determine which amounts listed are relevant cash flows as it considers this asset scale and replacement:

$-$cost of old asset

$-$book value of old asset

$-$selling price of old asset

$-$purchase price of new replacement asset

$-$estimated salvage value of new asset

$-$estimated annual net operating cash inflows

Find the NPV of the new investment

NPV $=$ $ $????$