replace Equipment A machine with a book value of $249,100 has an estimated six year life. A proposai is offered to sell the old machine for $214 900 and replace it with a new machine at a cost of $282,800. The new machine has a styear life with no residual value. The new machine would reduce annual direct labor costs from $51,000 to 540,800 a. Prepare a differential analysis dated April 11 on whether to continue with the old machine (Aternative 1) or replace the old machine (Alternative 2). tf an amount is zero, enter "O". If required, use a minus sign to indicate a foss Differential Analysis Continue Old Machine (Alt. 1) or Replace Old Machine (Alt. 2) April 11 Continue Replace Differential with Old Old Machine Machine (Alternative 2) (Alternative 1) (Alternative 2) Revenues: Proceeds from sale of old machine Costs: Purchase price Effects 0 000 Direct labor (6 years) 10 E Profit (055)