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Rory Company has an old machine with a book value of ( $ 77.000 ) and a remaining five-year useful life. Rory is considering purchasing

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Rory Company has an old machine with a book value of \\( \\$ 77.000 \\) and a remaining five-year useful life. Rory is considering purchasing a new machine at a price of \\( \\$ 106,000 \\). Rory can sell its old machine now for \\( \\$ 88,000 \\). The old machine has variable manufacturing costs of \\( \\$ 33,000 \\) per year. The new machine will reduce variable manufacturing costs by \\( \\$ 13,200 \\) per year over its five-year useful life. (a) Prepare a keep or replace analysis of income effects for the machines. (b) Should the old machine be replaced? Complete this question by entering your answers in the tabs below. Prepare a keep or replace analysis of income effects for the machines

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