Question 16 (of 20 16 6.00 points MC Qu. 64 Granfield Company has a piece... Granfield company has a piece of manufacturing equipment a book value of s415oo and a useful life of four years. At the end of the four years the equipment will have a zero salvage value. The market value of the equipment is currenty $22,300 can purchase a new machine for and receive in return for trading in its old machine. The new machine will reduce variable man costs by $19,300 per year over the new machine. The total increase or decrease in net income by replacing the current machine with the new machine 0gnoring the time value of moneylis O $23,500 increase O $77.200 decrease O $19.200 decrease O $53,050 increase O s23,50o decrease Q W E R