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The old machine was purchased three years ago for $ 3 0 9 , 0 0 0 and has a current Dook value u uly
The old machine was purchased three years ago for $ and has a current Dook value uuly sualy $
The old machine incurs operating expenses of $ per year.
The current disposal value of the old machine is $; if it is kept nine more years, its remaining value would be $
The replacement machine would cost $ and have a useful life of nine years.
The replacement machine has an expected salvage value of $ after nine years.
The replacement machin would require $ per year in operating expenses.
Required
Calculate the total costs in keeping the old machine and purchase a new machine. Should the old machine be replaced?
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