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Evett Corporation uses a machine that winds twine onto spools. The machine is unreliable and results in a significant amount of downtime and excessive labour

Evett Corporation uses a machine that winds twine onto spools.
The machine is unreliable and results in a significant amount of downtime and excessive labour costs The management is considering replacing the machine with a more efficient one which will minimize downtime and excessive labour costs.
Data are presented below for the two machines
\table[[,Old Machine,New Machine],[Original purchase cost,$160,000,$240,000
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