Problem 11.041 Replacement Value With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render its AW equal to that of machine Y at an interest rate of 13% per year. Determine the replacement value Machine X Market Value, $ Annual Cost, S per Year Salvage Value Machine Y 94,000 -40,000 for year 1,increasing by 2000 per year thereafter 18,000 -61,500 23,500 Life, Years The replacement value is S