Keep or Replace Machine: Skills Coporation is a manufacturer of classic rocking chairs. The company has been using a particular sanding and finishing machine for over 10 years and believes that it may be time to replace the machine. The company is 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 Machines Original cost $436,300 Current accumulated depreciation 323,200 stimated annual variable manufacturing costs for machine 70,250 Estimated selling price of machine 163,000 Estimated remaining useful life (in years) New Machiner Purchase cost 1,500 Estimated annual variable manufacturing costs for machine 43,300 Estimated residual value a Estimated useful life in years) Select the relevant or relevant information below Check My Work Previous 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 in the differential analysis. Replace or keep Decision Differential Analysis Report Cost of replacing old machine Annual differential decrease in cost * number of years Total differential decrease in cost Proceeds from sale of present machine Cost of new machine Net differential (incre/decrease in cos year tota Previous Check My Work