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DEF Co. is considering replacing an old machine with a new machine. The fiancial details are as follows: Required: 1. Calculate the Differential Income (Loss)

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DEF Co. is considering replacing an old machine with a new machine. The fiancial details are as follows: Required: 1. Calculate the Differential Income (Loss) of replacing the Old Machine (Alt 1) with the New Machine (Alt 2). 2. Should the Old Machine be replaced and why

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