PLEASE ANSWER QUESTIONS THAT ARE IN RED ONLY, HAVING A DIFFICULT TIME. THANK YOU!

Exercise 20-14 Z Your answer is partially correct. Try again Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hours per night, plus every third Saturday, to keep up with the volume of sales invoices. Management is considering updating its computer with a faster model that would eliminate all of the overtime processing. Current New $14,600 $25,300 original purchase cost $6,400 Accumulated depreciation $19,500 Estimated annual operating costs $24,900 Remaining useful life 5 years 5 years If sold now, the current machine would have a salvage value of $8,800. If operated for the remainder of its useful life, the current machine would have zero salvage value. The new machine is expected to have zero salvage value after 5 years. Should the current machine be replaced? (In the first two columns, enter costs and expenses as positive amounts, and any amounts received as negative amounts. In the third column, enter net income increases as positive amounts and decreases as negative amounts. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Replace (Decrease) operating costs 124,500 97,500 27,000 New machine cost 25,300 25,300 8.800 8,800 Salvage value (old)