A company's old machine has a book value of $47,000 and a remaining three-year useful life. The old machine could be sold now for $25,900, and the company could buy a new machine for $68,500. The old machine has variable manufacturing costs of $33,800 per year. The new machine's variable manufacturing costs would be $9,450 lower per year over its three-year useful life. Complete this question by entering your answers in the tabs below. Required A Required B Prepare an analysis of income effects to keep the old machine or replace it with the new machine. Note: Indicate amounts to be deducted with a minus sign. Replace Income Increase (Decrease) if replaced Keep or Replace Analysis Keep Revenues Sale of existing machine Costs Purchase of new machine Variable manufacturing costs Income (loss) $ 0 $ 0