Equipment replacement Victoria, Inc. is considering replacing a machine. The following data are available: Old Machine $90,000 Replacement Machine $70,000 5 0 10 Original cost Useful life in years Current age in years Book value Disposal value now Disposal value in 5 years Annual cash operating costs 5 $50,000 $16,000 0 $14,000 $8,000 The difference between keeping the old machine and replacing the old machine is: A) $74,000 in favor of keeping the old machine B) $24,000 in favor of keeping the old machine C) $74,000 in favor of replacing the old machine D) $24,000 in favor of replacing the old machine