3. If the proposal is accepted, what is the total estimated income from operations house for the 14 years? the PR 24-2B Differential analysis for machine replacement proposal Flint Tooling Company is considering replacing a machine that has been used in its factory for two years. Relevant data associated with the operations of the old machine and the new machine, neither of which has any estimated residual value, are as follows Obi.1 Old Machine Cost of machine, eight-year life Annual depreciation (straight-line) Annual manufacturing costs, excluding depreciation Annual nonmanufacturing operating expenses Annual revenue Current estimated selling price of the machine $38,000 4,750 12,400 2,700 32,400 12,900 New Machine Cost of machine, six-year life Annual depreciation (straight-line) Estimated annual manufacturing costs, exclusive of depreciation $57,000 9,500 3,400 Annual nonmanufacturing operating expenses and revenue are not expected to be affected by purchase of the new machine