Question: Please help me answer the following question, please note the answer is not 6140 so only answer it if you know how to do it.

Please help me answer the following question, please note the answer is not 6140 so only answer it if you know how to do it. Thank you

Please help me answer the following question, please note the answer is

= Homework: Lab #2 Question 12, Problem 9-13 Part 1 of 2 HW Score: 72.43%, 39.11 of 54 points X Points: 0 of 4 Save One year ago, your company purchased a machine used in manufacturing for $120,000. You have learned that a new machine is available that offers many advantages and that you can purchase it for $160,000 today. The CCA rate applicable to both machines is 20%; neither machine will have any long-term salvage value. You expect that the new machine will produce earnings before interest, taxes, depreciation, and amortization (EBITDA) of $50,000 per year for the next 10 years. The current machine is expected to produce EBITDA of $25,000 per year. All other expenses of the two machines are identical. The market value today of the current machine is $50,000. Your company's tax rate is 42%, and the opportunity cost of capital for this type of equipment is 10%. Should your company replace its year-old machine? ... What is the NPV of replacement? The NPV of replacement is $ (Round to the nearest dollar.)

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