Current Attempt in Progress Sunland Company has a factory machine with a book value of $85.700 and a remaining useful life of 7 years. It can be sold for $25,900 A new machine is available at a cost of $420,000. This machine will have a 7-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $594 400 to $522 800. Prepare an analysis showing whether the old machine should be retained or replaced. (In the first two columns, enter costs and expenses as positive amounts, and any amounts received as negative amounts. In the third column, enter net income increases as positive amounts ond decreases os negative amounts. Enter negative amounts using elther a negative sign preceding the number ... 45 or parentheses es (451) Retain Replace Net Income Equipment Equipment Increase (Decrease) Variable manufacturing costs $ $ New machine cost Sell old machine Total 5 $ The old factory machine should be