Differential Analysis for Machine Replacement Proposal Gutenberg Publishers Inc, is considering replacing a machine that has been used in its factory for 4 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: Annual nonmanufacturing operating expenses and revenue are not expected to be affected by purchase of the new muchine: Required: 1. Prepare a differental analysis as of November 30 comparing operations using the present machine (Alternative 1 ) with operations using the new machine (Aternative 2). The analysis should indicate the total differential profit that would result over the 6 -year period if the new machine is acquired. If an amount is zero, enter " 6 ", If required, use a minus sign to indicate a loss. Differential Analysis Continue with (AIt. 1) or Replace (Ait. 2) Old Machine Annual nonmanufacturing operating expenses and revenue are not expected to be affected by purchaso of the new machine. Required: 1. Prepare a differential analysis as of November 30 comparing operations using the present machine (Alternative 1) with operations using the new machine (Aiternative 2). The analysis should indicate the total differential profit that would result over the 6 -year period if the new machine is acquired, If an amount is zero, enter ro". If required, use a minus sign to indicate a loss. Fendrace 1. Determine the manufacturing costs to continve with the old machine for six years at the current amount. Determine the manufacturing costs with the replacement machine for sux years. Determine the effect of the purchase price of the replecement and the sale proceeds of the oid machine Determine the differential effect on income of the revenues, costs, and proht (los) by subtracting alternative 1 from alternstive