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A machine with a book value of $85,000 has an estimated five-year life. A proposal is offered to sell the old machine for $46,000 and

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A machine with a book value of $85,000 has an estimated five-year life. A proposal is offered to sell the old machine for $46,000 and replace it with a new machine at a cost of $50,000. The new machine has a five-year life with no residual value. The new machine would redoce annual direct labor costs from- $10,200 to $7,700. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the requirnd analysis, and input your answers in the questions belo Open spreadsheet a. Prepsre a bifferentiat analysis dated June 2 on whether to continue with the old machine (Aiternative 1) or feplace the old machine (Aiternative 2). If an amount is zero, enter "0. Use a minus sign to indicate costs, losses, or negative differential effect on income

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