Replace Equipment A machine with a book value of $251,000 has an estimated 6-year life. A proposal is offered to sell the old machine for $217,100 and replace it with a new machine at a cost of $284,000. The new machine has a 6 -year life with no residual value. The new machine would reduce annual direct labor costs from $50,700 to $40,600. Prepare a differential analysis dated October 3 on whether to Continue with Old Machine (Alternative 1) or Replace old Machine (Alternative 2). If an amount is zero, enter " 0 ". For those boxes in which you must enter subtracted or negative numbers use a minus sign. Should the company continue with the old machine (Alternative 1) or replace the old machine (Alternative 2)