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Rory Company has a machine with a book value of $123,000 and a remaining five year useful life. A new machine is available at a

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Rory Company has a machine with a book value of $123,000 and a remaining five year useful life. A new machine is available at a cost of 5120,500 and Rory can also receive $75,000 for trading in its old machine The new machine will reduce variable manufacturing costs by $16,000 per year over its five year useful life Calculate the incremental income (Any losses or outflows should be entered with a minus sign.) Incremental income From Raplacing Machine Incremental income (incremental cost)

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