5 of 7 Current AttemptmProgress -16 Sweet Acacia Company has a factory machine with a book value of $170,000 and a remaining useful life of 5 years. A new machine is available at a cost of $247,500. This machine will have a 5-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $606,000 to $495,000. Prepare an analysis that shows whether Sweet Acacia should retain or replace the old machine. (If an amount reduces the net income then enter with a negative sign preceding the number or parenthesis, eg.-15,000. (15,000)) Keep Equipment $ Variable costs New machine cost $ $ The old factoc machine shouldbe Replace Equipment Net Income Increase (Decrease) WileyPLUS Homework #8 - Ch. 7 Question 5 of 7 < > Keep Replace Equipment Equipment $ $ Variable costs $ New machine cost $ The old factory machine should be eTextbook and Media $ Net Income Increase (Decrease) /6 Attempts: 0 of 3 used Submit