Pharoah Enterprises relles heavily on a copier machine to process its paperwork Recently the copy derk has not been able to process all the necessary coples within the regular work week. Management is considering updating the copler machine with a faster model Qurrent Copier New Model $11,300 $22,600 8,400 Original purchase cost Accumulated depreciation Estimated operating costs annual) Useful life 7,600 2,700 5 years 5 years it sold now, the current copler would have a salvace value of $1,000. a operated for the remainder ofits useful to the current machine would have zero salvace value. The new machine is expected to have zero salvage value after five years. Prepare an analysis to show whether the company should retain or replace the machine (Enter negative amounts ustres either a negative se preceding the number es. -15 or parentheses es (45). Do not have any field blank Enter for the amounts) Net Income Retain Machine Replace Machine Increase (Decrease)