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i cant figure out the answer can you explain to me how to find the answer. trying to decide whether replacing the old machine is

i cant figure out the answer can you explain to me how to find the answer.

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trying to decide whether replacing the old machine is a wise economic decision. The company's controller pulled together the following Information on the old machine and the new possible replacement machine. Old Machine: Original cost $455,500 Current accumulated depreciation 308,900 Estimated annual variable manufacturing costs for machine 74,150 Estimated selling price of machine 150,200 Estimated remaining useful life (in years) New Machine: Purchase cost $781,800 Estimated annual variable manufacturing costs for machine 47,200 Estimated residual value O Estimated useful life (in years) Select the relevant or irrelevant information below: Annual variable costs of old machine Relevant Selling price of old machine Relevant Matching lives Relevant Purchase price of new machine Relevant Accumulated depreciation of old machine Irrelevant Fill In the differential analysis. Replace or Keep Decision Differential Analysis Report Cost of replacing old machine: Annual differential decrease in cost 26,950 x number of years Total differential decrease In cost 161,700 Proceeds from sale of present machine 150,200 X Cost of new machine 781,800 Check My Work Previous Email Instructor Save and Exit Submit Assignment for Grad

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