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will thumbs up Current Attempt in Progress Marigold Corp, is contemplating the replacement of an old machine with a new one. The following information has
will thumbs up Current Attempt in Progress Marigold Corp, is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine $360000 New Machine $ 570000 Price Accumulated Depreciation 90000 -0- 10 years -0- Remaining useful life Useful life -0- 10 years Annual operating costs $ 250000 $ 185600 If the old machine is replaced, it can be sold for $ 24000, The net advantage (disadvantage) of replacing the old machine is O $(5700) O $ 98000 O $ 25000 O $(57000)
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