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not sure if its currect Rory Company has a machine with a book value of $117.000 and a remaining five year useful life. A new

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Rory Company has a machine with a book value of $117.000 and a remaining five year useful life. A new machine is available at a cost of $13,500 and Rory can also receive $80,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $23.500 per year over its five year useful life. Calculate the incremental Income (Any losses or outflows should be entered with a minus sign.) Incremental income From Replacing Machine Cash received from trade in of old machine $ Cost of new machine 80,000/ 567.500 Incremental income (incremental cost) 047.500 Should the machine be replaced

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