“You don’t get to abandon your kids and then show up one day to take your pick of the litter. Sh. ut up, Frank. This isn’t about you. This is about you. This is about what you didn’t do. It’s about what I did. And you know what? I did a fu. c.ki. ng great job. Debbie is class president. She’s on the debate team. Going to Nationals. And Lip. He’s top of his class. He set the curve. Ian was promoted in ROTC, and he tested out of English. And Carl made something blow up for his science fair. And you know what? They did it all, no thanks to you, because you weren’t here. He doesn’t even know who you are! You’re my mother, too!

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51