Question 1 3 points Save Answer Your manufacturing company is contemplating replacing an existing part of an assembly line. The machinery and conveyor belt related to this replacement costs $500,000 and would have a five year useful life. The old parts of the assembly line could be sold for salvage for $25,000. To get the replacement parts up and running would require an expenditure of $15,000. What is the initial investment of this project? 01. $60,000 2. $540,000 3.$140,000 4. $490,000