Current Attempt in Progress Sandhill Timber Corporation uses a machine that removes the bark from cut timber. The machine is unreliable and results in a significant amount of downtime and excessive labor costs. Management is considering replacing the machine with a more efficier which will minimize downtime and excessive labor costs. Data are presented below for the two machines: Original purchase cost Accumulated depreciation Estimated life Old Machine $333,200 225,400 5 years New Machine $362,600 5 years It is estimated that the new machine will produce annual cost savings of $83,300. The old machine can be sold to a scrap dealer f $8,200. Both machines will have a salvage value of zero if operated for the remainder of their useful lives. Determine whether the company should purchase the new machine. (Enter negative amounts using either a negative sign preceding number e.g. -45 or parentheses e.g. (45). Do not leave any field blank. Enter O for the amounts.) Retain Equipment Replace Equipment Net Incor Increase/(Dec

Current Attempt in Progress Sandhill Timber Corporation uses a machine that removes the bark from cut timber. The machine is unreliable and results in a significant amount of downtime and excessive labor costs. Management is considering replacing the machine with a more efficie which will minimize downtime and excessive labor costs. Data are presented below for the two machines: It is estimated that the new machine will produce annual cost savings of $83,300. The old machine can be sold to a scrap dealer $8,200. Both machines will have a salvage value of zero if operated for the remainder of their useful lives. Determine whether the company should purchase the new machine. (Enter negative amounts using either a negative sign preceding number es. -45 or parentheses es. (45). Do not leave any field blank. Enter 0 for the amounts.) Sandhill Timber Corporation uses a machine that removes the bark from cut timber. The machine is unreliable and results in a stgrificant amount of downtime and excessive labor costs; Manogement is considering replacing the machine with a more cfficient one which wil minimize downtime and evcessive labor costs. Data are presented below for the two machines: It is estimated that the new machine will produce annual cost savings of $83,300. The old machine can be sold to a scrap dealer for sa,200. Both machines will have a salvage value of zero if operated for the remainder of their useful lives. Determine whether the company should purchase the new machine (Enter negotive amounts using either a negative sign preceding the number es -45 or parentheses es. (45). Do not leave any freld blank. Enter ofor the amounts)