A commercial loader currently costs $14,600 annually to operate and maintain. What is the most managers should pay today to replace this machine with one expected to last four years and cost only $4,750 per year to operate and maintain? The current machine should last another four years. The required return for this investment is 15%. (You are looking for the price that would give the current project and the new project the same effective annual cost.) A. $13,561 B. $21,683 C. $28,122 D. $39,400 E. $40,317