A machine purchased three years ago for $307,000 has a current book value using straight-line depreciation of $191,000; its operating expenses are $37,000 per year. A replacement machine would cost $230,000, have a useful life of ten years, and would require $11,000 per year in operating expenses. It has an expected salvage value of $75,000 after ten years. The current disposal value of the old machine is $86,000; if it is kept 10 more years, its residual value would be $13,000. Calculate the total costs in keeping the old machine and purchase a new machine