Gwynn Company is considering the replacement of a machine that is presently used to produce its single product. The following data are available: Old Replacement Equipment Equipment Original cost $210,000 $40,000 Useful life in years 12 7 Current age in years 5 0 Book value $65,000 Disposal value now $30,000 Disposal value in 7 years 0 0 Annual cash operating costs $10,000 $9,000 Required: Ignoring income taxes, prepare a cost comparison of all relevant items for the next seven years together. Indicate the best alternative for Gwynn Company