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Machine Replacement Decision A company is considering replaoing an old piece of machinery, which cost $590,500 and has $341, 500 of accumidlated depreciation to date,

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Machine Replacement Decision A company is considering replaoing an old piece of machinery, which cost $590,500 and has $341, 500 of accumidlated depreciation to date, with a new machine that has a Durchase price of $483,000, The oid machine could be sold for $62,100. The annial vanable production costs asocuted with the ols machine are estimated to be $156,300 per year for eght years. The artual veriable oreduction costs for the nen madune are estimated to be 198,900 per year for eight yearl. a.1 Prepare a differenbal analysis dated May 29 to determoe whether to continue weth (Aternative 1) of replace (Aternative 2) the old machine. If an amount is zero, enter ' . If tequ red, use omirus sign to ind cale a loss

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