Clean Duds Laundromat has an industrial water softener that enhances the water quality used in i

Clean Duds Laundromat has an industrial water softener that enhances the water quality used in i. washing machines. The wa.r softener is approaching the e. of its useful life a. must be either overhauled or replaced. Details .the .o alternatives are shown below. lf the company overhauls its current water softenes then it will . usable for eight more years. A instead, a new water sof.ner is purchased, it will be used for eight years, atter which it will be replaced. The new water sof.ner will be considerably more energy efficient, resulting in a substantial reduction in annual operating costs, as shown below: 
Purchase coat new 12,000 216,000 Remaining hook value Overhaul needed now Annual cash operating coats Salvage value now 6,000 $ 5,700 Salvage value eight year from now 1,400 $ 3,800 
Clean Duds computes depreciation on a straight-line basis. All equipment purchases are evaluated using a 1. discount rate. 
Required: (Ignore income taxes.) Determine the present value of net cash flows using the totaleost approach. (Hint U. Microsoft Excel to calcula. the discount factor(s).) (Enter any cash outflows with a minus sign. D t r.]. Intermediate calculations a. round final answers to the nearest dollar amount.) 
1- a.)Determine the present value of net cash flows using the total-cost approach.
1-b.) Should Clean Duds Laundromat upgrade the old water softener or purchase the new one?
2. Using the incremental-cost approach, determine the net present value in favor of (or again.) purchasing the new water softener, (Hint Use Microsoft Excel to calculate the discount factor(s).) (Do not round intermediate calculations and round final answer to the nearest dollar amount.)