SHOW ANSWER IN EXCEL FOR THUMBS UP A senior engineer at Company C has recommended the company to replace a 2-year-old measurement device immediately. He believes that it can be shown that the proposed equipment is economically advantageous at a 15% per year rate in a 5-year time span. Perform the replacement analysis using the AW method for a 5-year study period using the information in the table below.

	current	proposed
original purcahse price	30,000	40,000
current market value	15,000
remaining life in year	5	15
estimated value in 5 years	7,000	10,000
salvage value sfter 15 years		5,000
annual operation cost	8,000	3,000