Replacement Decision: A Forklift will last for only 2 more years. It costs exist5,000 a year to maintain. For exist20,000 you can buy a new fork lift that can last for 10 years and should require maintenance costs of only exist2,000 per year. If the discount rate is 12% per year should you replace the Fork Lift? A Yes the fork lift should be replaced as the new form has a lower annual cost to maintain. B. No you should not replace the Old fork lift as the Cost of the new fork lift equates to exist5, 540 per year, more than the cost of the old fork lift. C. No, do not replace the old fork lift as the present value of maintaining the older fork lift is less than the exist31, 300 present value of the of the new fork lift. D. Yes replace the old forklift because the lift of the new forklift is 10 years vs. the old forklift of 2 years