Carla Vista Company has a machine that affores labels to bottles. The machine has a book value of 576,800 and a remaining useful life of 3 years and no salvage value. A new, more efficient machine is available at a cost of $288,000 that will have a 3-year useful life with no salvage value. The new machine will lower annual variable production costs from $499,200 to $393,600 Prepare an analysis showing whether the old machine should be retained or replaced. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es (451) Retain Equipment Replace Equipment Net Income Chance Variable manutacturing costs S New machine cost Netsavings over 3 years