Labels Cash flows from investing activities Costs Revenues Amount Descriptions Annual manufacturing costs ( 6 yrs.) Gain on sale of investments Loss on sale of investments Purchase price Proceeds from sale of old machine Income (loss) 2. List other factors that should be considered before a final decision is reached. Check aff that apply What eflect does the federal income tax have on the decision? Was the purchase price of the old machine too high? Ne there any improvements in the quality of work turned out by the new machine? What opportunities are avalable for the use of the $89.895 of funds (\$119. Sa0 less $22.685 proceeds from the old machine) that are required to purchase the new machine? Should managernent have purchased a dfferent model of the old machine? exigraphic Printing Company is considering replacing a machine that has been used in its factory for four years. Pelevant data associated with the operations of the old machine and the ew machine, neither of which has any estimated rosidual value, are as follows: Annual non-manufacturing cperating expenses and revenue are not expected to be affected by purchase of the new mactine. Required: 1. Prepare a differental analysis as of Aprl 30 comparing opevations using the present machine (Alemative 1 ) with opevations using the new machine (Allemative 2). The analysis should indicate the fotal diflemelial income that would result over the six-year period if the new machine is acquired Feter to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for lext entries. For those boxes in automatically appear if required. 2. Vist other factors that should be considered befare a final decision is reached