An oven with a book value of $67,000 has an estimated 5 year life. A proposal is offered to sell the oven for $8,500 and replace it with a new oven for $115,000. The new machine has a five year life with no residual value. The new machine would reduce annual maintenance costs by $23,000. Provide a differential analysis on the proposal to replace the machine. Annual maintenance $(A) cost reduction Number of years (B) applicable Total differential $(C) decrease in cost Proceeds from sale of $(D) $(E) equipment Cost of new equipment SIF) Net differential $(G) decrease in cost from replacing equipment Annual maintenance cost reduction (A)