Waterways is considering the replacement of an antiquated machine that has been slowing down production because of breakdowns and added maintenance. The operations manager estimates that this machine still has 2 more years of possible use. The machine produces an average of 50.00 units per day at a unit cost of $6.70, whereas other similar machines are producing twice that much. The units sell for $7.80. Sales are equal to production on these units, and production runs for 260 days each year. The replacement machine would cost $31,900 and have a 2-year life. Given the information above, what are the consequences of Waterways replacing the machine that is slowing down production because of breakdowns?

Replacing the machine will result in a select an option net lossnet profit of $enter a dollar amount . Waterways select an option should notshould keep the old machine.