Obo Company has a machine with a book value of $50,000 and a five-year remaining life. A new machine is available at a cost of $108,000 and Obo can also receive $38,000 for trading in the old machine. The new machine will reduce variable manufacturing costs by $14,000 per year over its five-year life. Should the machine be replaced? Select answer from the options below Yes, because income will increase by $14,000 per year. No, because the company will be $108,000 worse off. Yes, because income will increase by $52,000 immediately. Obo will not be better or worse off by replacing the machine