need answer of all the parts as well as with proper calculations

Last year. Vaughn Condos installed a mechanized elevator for its tenants. The owner of the company, Joseph Moore, recantly returned from an industry equipment exhibition where he watched a computerized elevator demonstrated. He was impressed with the elevator's speed, comfortable ride, and cost efficiency. Upon returning from the exhibition, he asked his purchasing agent to collect price and operating cost data on the new elevator. In addition, he asked the company's accountant to provide him with cost data on the company's existing elevator. The information is presented below: Annual revenues are $240,100 and selling and administrative expenses are $28,800, regardless of which elevator is used. If it replaces the old elevator now, at the beginning of 2022, Vaughn Condos will be able to sell it for $25,200. Determine any gain or loss if the old elevator is replaced. If the old elevator is replaced Vaughn Condos will incur a of 5 Preparea 5-year summarized income statement for each of the following assumptions: (1) The old elevator is kept. [2] Ine old elevator is reptacen. Using incremental analysis, determine whether the old elevator should be replaced. (If an amount reduces the net income then enter with a negative sign preceding the number, egg 15,000 or porenthesis, eg. (15,000)J Salvage on old elevator Totals The old elevator be replaced