Problem 9-7 (algorithmic) Question Help A high-speed electronic assembly machine was purchased two years ago for $50,000. At the present time, it can be sold for $26,000 and replaced by a newer model having a purchase price of $38,500: or it can be kept in service for a maximum of one more year. The new assembly machine, if purchased, has a useful life of not more than two years. If the before-tax MARR is 18%, when should the old assembly machine be replaced? Use the following data table for your analysis. Defender Market Value O&M Costs Year Market Value O8M Costs $38,500 31,000 26,000 $26,000 17,000 $10,500 12,500 $14,000 Click the icon to view the interest and annuity table for discrete compounding when the MARR is 18% per year. The minimum EUAC value of the challengeris (Round to the nearest dollar.)