Number of Attempt: Once only. Question 32 Bradford Inc. is considering replacing one of its old factory equipment with a new one. The following data are available: Old equipment: Purchase cost Remaining useful life in years $50,000 5 years Current book value $25,000 Annual operating costs $8,000 per year Current expected selling $10,000 price 5% of the selling Expected sales commission price New equipment: Purchase cost $52,000 3 pts Useful life in years Residual value Annual operating costs 5 years $0 $3,000 per year What would be the differential impact on income from replacing the equipment in five years? O $25,000 increase O $17,500 decrease O $17,000 decrease $27,500 increase < Previous