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this is all the information provided Sheffield Corp. is considering the replacement of a piece of equipment with a newer model. The following data has

image text in transcribedthis is all the information provided

Sheffield Corp. is considering the replacement of a piece of equipment with a newer model. The following data has been collected: If the old equipment is replaced now, it can be sold for $93100. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. The increase (decrease) in net income over the 5-year period that results from replacing the old equipment with the new equipment is

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