The Rustic Welt Company is proposing to replace its old welt-making machinery with more modern equipment. The new equipment costs $9 million (the existing equipment has zero salvage value). The attraction of the new machinery is that it is expected to cut manufacturing costs from their current level of $8 a welt to $4. However, as the following table shows, there is some uncertainty both about future sales and about the performance of the new machinery. Conduct a sensitivity analysis of the replacement decision, assuming a discount rate of 12% and enter the Equivalent Annual Cost Savings in the table below. Rustic Welt does not pay taxes. (Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places. Negative amounts should be indicated with a minus sign.) The Rustic Welt Company is proposing to replace its old welt-making machinery with more modern equipment. The new equipment costs $9 million (the existing equipment has zero salvage value). The attraction of the new machinery is that it is expected to cut manufacturing costs from their current level of $8 a welt to $4. However, as the following table shows, there is some uncertainty both about future sales and about the performance of the new machinery. Conduct a sensitivity analysis of the replacement decision, assuming a discount rate of 12% and enter the Equivalent Annual Cost Savings in the table below. Rustic Welt does not pay taxes. (Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places. Negative amounts should be indicated with a minus sign.)