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Sheridan Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: If the old machine is

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Sheridan Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: If the old machine is replaced, it can be sold for $19200. The company uses straight-line depreciation with a zero salvage value for all of its assets. Which of the following amounts is relevant to the replacement decision

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