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View Policies Current Attempt in Progress Splish Company has a factory machine with a book value of $ 1 6 7 , 0 0 0

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Splish Company has a factory machine with a book value of $167,000 and a remaining useful life of 4 years. A new machine is available at a cost of $251,000. This machine will have a 4-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $605,500 to $492,000.
Prepare an analysis that shows whether Splish should retain or replace the old machine. (If an amount reduces the net income then enter with a negative sign preceding the number or parenthesis, eg -15,000,(15,000).)
\table[[,\table[[Keep],[Equipment]],\table[[Replace],[Equipment]],\table[[Net Income],[Increase],[(Decrease)]]],[Variable costs,$,$,],[,$,$,]]
The old factory machine should be
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