CALCULATOR Question Flint Enterprises uses a computer to handle its sales invoices, Lately, business has been so good that it takes an extra 3 hours per night, plus everythind Saturday, to keep up with the volume of a Management is considering updating is computer with a faster model that would eluminate all of the overtime processing Current Machine New Machine Original purchase cost $14,700 $25,500 Accumulated depreciation $6.500 Estimated annual operating costs $24.900 $19,800 Remaining useful lite 5 years 5 years If sold now, the current machine would have a salvage value of $10,400. If operated for the remainder of its useful life, the current machine would have zero salvage value. The new machine is expected to have zero salvage value after 5 years, Should the current machine be replaced? (in the first two columns, enter costs and expenses as positive amounts, and any amounts received as negative amounts. In the third com, enter net income increases as positive amounts and decreases as negative amounts. Enter negative amounts using either a negative sign preceding the number.. 45 or parentheses (45).) Net Income Retain Replace Increase Machine Machine (Decrease) Operating costs $ $ New machine cost Salvage value (old) w Total CK ENG I 2000-2020. ohn Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. O BI MET Remaining: 117 min CALCULATOR PURE SCREEN Remaining useful life 5 years Syears D If sold now, the current machine would have a salvage value of $10,400 operated for the remainder of its useful life, the current machine would have zero salvage value. The new machine is expected to have rere salvage value after 5 years Should the current machine be replaced in the first two columns, enter costs and expenses as positive amounts and any amounts received as negative amounts. In the third column, enter net income increases as positive amounts and decreases as negative amounts Inter negative amounts using either a negative sin preceding the number 45 or parentheses (45).) Net Income Retain Replace Increan Machine Machine (Decrease) Operating costs New machine cost Salvage value (old) Total $ The current machine should be Click if you would like to show Work for this question Open Show Work SAVE FOR LATER SUBMIT ANGSM Question Attempts Of I used ENG 1:33 20.20 Policy I 2000-2020 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley Sons Inc E - O RI -arch