answers are not correct

Instructions Lexigraphic Printing Company is considering replacing a machine that has been used in its factory for four years. Relevant data associated with the operations of the old machine and the new machine, neither of which has any estimated residual value, are as follows Old Machine Cost of machine, 10-year life $88,825 Annual depreciation (straight-line) 8,700 Annual manufacturing costs, excluding depreciation 23,710 Annual non-manufacturing operating expenses 5,955 Annual revenue 74,035 Current estimated selling price of machine 29,835 New Machine Purchase price of machine, six-year life $119,840 New Machine Purchase price of machine, six-year life $119,840 Annual depreciation (straight-line) 20,095 Estimated annual manufacturing costs, excluding depreciation 6,920 Annual non-manufacturing operating expenses and revenue are not expected to be affected by purchase of the Labels Cash flows from investing activities Costs Revenues Amount Descriptions Annual manufacturing costs (6 yrs.) Gain on sale of investments Loss on sale of investments Purchase price Proceeds from sale of old machine Income (loss) April 30 Continue with Replace Old Differential 1 Old Machine Machine Effect on Income (Alternative 1) 2 (Alternative 2) (Alternative 2) 3 Revenues: Proceeds from sale of old machine $0.00 $29,835.00 $29,835.00 4 5 Costs: 6 Purchase price 0.00 119,840.00 119,840.00 Annual manufacturing costs (6 yrs.) 142,260.00 (100,740.00) 7 41,520.00 8 Income (loss) S(142,260.00) $(131,525.00) $10,735.00 2. List other factors that should be considered before a final decision is reached. Check all that apply What opportunities are available for the use of the $90,005 of funds ($119,840 less $29,835 proceeds from the old machine) that are required to purchase the new machine? Should management have purchased a different model of the old machine? What effect does the federal income tax have on tie decision? Are there any improvements in the quality of work turned out by the new machine? Was the purchase price of the old machine too high