Janko Wellspring Inc. has a pump with a book value of $35,000 and a 4-year remaining life. A new, more efficient pump, is available at a cost of $56,000. Janko can also receive $9,100 for trading in the old pump. The new pump will reduce variable costs by $13,100 per lear over its four-year life. Should the pump be replaced? Multiple Choice No, because income will decrease by $13,100 per year. Yes, because income will increase by $5,500 in total. No, Janko will record a loss of $18,200 if they replace the pump. No, because the company will be $5,500 worse off in total. Yes, because income will increase by $5,500 per year. A July sales forecast projects that 6,000 units are going to be sold at a price of $11.50 per unit. Management forecasts 2% growth in sales each month. Total August sales are anticipated to be