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Current Attempt in Progress Your answer is partially correct. Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good

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Current Attempt in Progress Your answer is partially correct. Johnson 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 every third Saturday, to keep up with the volume of sales involces, Management is considering updating its computer with a faster model that would eliminate all of the overtime processing Current Machine New Machine Original purchase cost $ 15,500 $ 25,100 Accumulated depreciation $5.900 Estimated annual operating costs $ 24,900 $ 19,800 Remaining useful life 5 years 5 years it sold now the current machine would have a salvage value of S 10.300. 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. Prepare an incremental analysis to determine whether the current machine should be replaced. In the first two columns, enter costs and expenses as positive amounts and any amounts received as negative amounts. In the third columnn, enter net income increases as positive amounts and decreases as negative amounts Enter negative amounts using either a negative sin preceding the number os 45 or parentheses (45) If sold now, the current machine would have a salvage value of $ 10,300. 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. Prepare an incremental analysis to determine whether the current machine should be replaced. (In the first two columns, enter costs and sxpenses as positive amounts, and any amounts recelved as negative amounts. In the third column, enter net income increases as positive amounts and decreases as negative amounts. Enter negative amounts using either a negative sin preceding the number eg -45 or parentheses 28. (450) Retain Machine Replace Machine Net Income Increase (Decrease) Operating costs 124500 99000 $ New machine cost i 25100 Salvage value (old) DOCE Total 124500

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