Mountain Gear has been using the same machines to make its name-brand clothing for the last five years. A cost efficiency consultant has suggested that production costs may be reduced by purchasing more technologically advanced machinery. The old machines cost the company $370,000. The old machines presently have a book value of $137,000 and a market value of $29,000. They are expected to have a five-year remaining life and zero salvage value. The new machines would cost the company $270,000 and have operating expenses of $17,000 a year. The new machines are expected to have a five-year useful life and no salvage value. The operating expenses associated with the old machines are $47,000 a year. The new machines are expected to increase quality, justifying a price increase and thereby increasing sales revenue by $27,000 a year. Select the true statement. Multiple Choice The company will be $44,000 better off over the 5 -year period if it replaces the old equipment: The company will be $45,000 better off over the 5 -year period if it rck laces the old equipment. The company will be $74,000 better off over the 5 year period if it keeps the old equipment. The company will be $29,000 better off over the 5 -year period if it replaces the oid equipment