Sandhill Company has a machine that atfixes labels to bottles. The machine has a book value of $96,000 and a remaining useful life of 3 years and no salvage value. A new, more efficient machine is available at a cost of $360,000 that will have a 3 -year useful life with no salvage value. The new machine will lower annual variable production costs from $624,000 to $492,000. Prepare an analysis showing whether the old machine should be retained or replaced. (Enter negotive omounts using either a negative slgn preceding the number eg, -45 or parentheses eg. (45))