Problem $12-31($Algo$)$ Replacement decision analysis $[$LO$12-4]$

Hercules Exercise Equipment Company purchased a computerized measuring device two years ago for $$64,000.$ The equipment falls Into the five$-$year category for MACRS depreclation and can currently be sold for $$27,800.$ A new plece of equipment will cost $$154,000.$ It also falls into the five$-$year category for MACRS depreclation. Assume the new equipment would provide the following stream of added cost savings for the next six years. Use Table $12-12.$ Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.

$\backslash$table$[[$Year$,$Cash Savings$],[1,$$$65,000$