Question 3 of 34 < > View Policies Current Attempt in Progress -/10 : Carla Vista Company has a machine that affixes labels to bottles. The machine has a book value of $76,800 and a remaining useful life of 3 years and no salvage value. A new, more efficient machine is available at a cost of $288,000 that will have a 3-year useful life with no salvage value. The new machine will lower annual variable production costs from $499,200 to $393,600. Prepare an analysis showing whether the old machine should be retained or replaced. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Save for Later Retain Equipment Replace Equipment $ Net Income Change Attempts: 0 of 1 used Submit Answer