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Question 13 Crane Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New
Question 13 Crane Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine $580000 $280000 84000 -O- Price Accumulated Depreciation Remaining useful life Useful life -0- 10 years -0- 10 years $164000 Annual operating costs $224000 If the old machine is replaced, it can be sold for $24000. The net advantage (disadvantage of replacing the old machine is O $(58000) $22400 O $44000 O $(5800) Click if you would like to Show Work for this question: Open Show Work
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