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Check my work QS 23-14 Keep or replace LO P5 points Rory Company has a machine with a book value of $111,000 and a remaining

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Check my work QS 23-14 Keep or replace LO P5 points Rory Company has a machine with a book value of $111,000 and a remaining five-year useful life. A new machine is available at a cost of $122,000, and Rory can also receive $64,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $22,500 per year over its five-year useful life. eBook Calculate the incremental income. (Any losses or outflows should be entered with a minus sign.) Hint Incremental Income From Replacing Machine Print References Incremental income (incremental cost)

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