One common approach in analyzing a situation like to prepare a comprehensive, multi-year cash spreadsheet for the various options. This requires c; attention to differential cash flows, a relevant time for inflation, taxation, and time value of money. H choose this approach, be careful in carrying it that comprehensively and in considering what infereo will support. Assume a 40% tax rate.
If you choose some other cost analysis approx be sure you are clear as to why you are not doing a year spreadsheet analysis.
What conclusions do you draw from your analysis? What recommendation would you make to Walsh?