Question: Numbers are wrong. please fix Racer Industries is currently purchasing Part No. 76 from an outside supplier for $84 per unit. Because of supplier reliability

Numbers are wrong. please fix

Numbers are wrong. please fix Racer Industries is currently purchasing Part No.

Racer Industries is currently purchasing Part No. 76 from an outside supplier for $84 per unit. Because of supplier reliability problems, the company is considering producing the part internally in an idle manufacturing plant. Annual volume over the next 6 years is expected to total 296,000 units at variable manufacturing costs of $79 per unit. Racer must acquire $84,000 of new equipment if it reopens the plant. The equipment has a 6 -year service life, a $14,400 salvage value, and will be depreciated by the straight-line method. Repairs and maintenance are expected to average $5,600 per year in years 4-6, and the equipment will be sold at the end of its life. Required: Use the net-present-value method (total-cost approach) and a 14\% hurdle rate to determine whether Racer should make or buy Part No. 76. Ignore income taxes. (Negative amounts should be indicated by a minus sign. Round your answers to the nearest dollar amount.)

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