CARDED Graphics replacement decision NPV analysis

Perform a net present value analysis of the sheeter replacement decision. While it is 

possible to perform such an analysis looking at the changes in all cost items, for this 

analysis, please calculate (1) the present value of future costs assuming the old sheeter is RETAINED  and 

(2) the present value of future costs assuming the old sheeter is REPLACED. 

The net present value of the replacement decision will be the difference between these two values.   (Please create 2 timelines -second timeline you’ll need to adjust the costs to reflect that of the new machine.)