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Wildhorse Company has a factory machine with a book value of $89,400 and a remaining useful life of 6 years. It can be sold for

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Wildhorse Company has a factory machine with a book value of $89,400 and a remaining useful life of 6 years. It can be sold for $30,600. A new machine is available at a cost of $530,200. This machine will have a 6 year useful life with no salvage value. The new machine will lower arnual variable manufacturing costs from $582,500 to $491,400. Prepare an analysis showing whether the old machine should be retained or replaced. (in the first, two columns, enter casts and expenses as positive amounts, and any amounts received as negotive amounts. in the thind column, enter net income increases as positive amounts and decreases as negative omounts. Enter negative omounts wirs either a negotive sign proceding the number eg. -45 or parentheses e.g. (45)

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