39.

Hodge Co. has a crane with a book value of $252,000 and a 4-year remaining life. A new crane is available at a cost of $627000. Hodge can also receive $49.200 for trading in the old crane. The new crane will reduce variable costs by $147,300 per year over its four-year life. The total impact to Hodge Co. over the crane's four-year life is Multiple Choice Increase of $23.000 Decrease of $49.200 Inces S400