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Benson Company is considering the replacement of a machine that is presently used in production. The following data are available: Old Machine New Machine Original

Benson Company is considering the replacement of a machine that is presently used in production. The following data are available:

Old Machine New Machine

Original cost $57,000 $35,000

Useful life in years 17 5

Current age in years 12 0

Book value $39,000

Disposal value now $8,000

Disposal value in 5 years 0 0

Annual cash operating costs $7,000 $4,000

Adding all five years together, the total relevant costs to consider if the new machine is purchased is ________.

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