Civeo Group is considering replacing a machine. The original cost of the machine was $250,000 and has a balance in accumulated depreciation of $100,000 with a book value of $150,000. The remaining useful life on the machine is 3 years. The company is considering selling the old machine and buying a new one. The new machine would cost $225,000 and is expected to have a salvage value of zero after its 3 year useful life. If the machine is purchased annual operating costs are expected to decrease from $155,000 to $120,000 and the old unit can be sold for $50,000 If the new machine is purchased it can be rented out once per quarter and bring in additional revenues of $30,000 per year. Required: (8 Marks) A) Prepare an incremental analysis for this time frame to determine whether the new machine should be purchased. B) State whether the machine should be purchased or not based on this analysis and why