The old factory machine should be

replaced

retainedBryant Company has a factory machine with a book value of $$85,700$ and a remaining useful life of $7$ years. It can be sold for $$25,900.$

A new machine is available at a cost of $$420,000.$ This machine will have a $7-$year useful life with no salvage value. The new machine

will lower annual variable manufacturing costs from $$594,400$ to $$522,800.$ Prepare an analysis showing whether the old machine

should be retained or replaced. $($In the first two columns, enter costs and expenses as positive amounts, and any amounts received as negative

amounts. In the third column, enter net income increases as positive amounts and decreases as negative amounts. Enter negative amounts using

either a negative sign preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).)$

The old factory machine should be

Current Attempt in Progress

Crane Company has these comparative balance sheet data:

$\backslash$table$[[\backslash$table$[[$CRANE COMPANY$],[$Balance Sheets$],[$December $31]]],[,2022,2021],[$Cash$,$$$27,645,$$$55,290$