Exercise 25-10 (Algo) Keep or replace LO P5 Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a book value of $47.000 and a temaining useful life of four years. It can be sold now for $57,000 Vatiable manufacturing costs are $47,000 per yeac for this old machine Information on two aitemative replacement machines follows. The expected useful life of each replacement machine is four years: (a) Compute the income increase or decrease from replacing the old machine with Machine A (b) Compute the income increase or decrease from replacing the old machine with Machine 8 (c) Should Lopez keep or replace is old machine? (d) If the machine should be replaced, which new machine should Lopez purchase? Complete this question by entering your answers in the tabs below. Compute the income increase or decrease from replacing the old machine with Machine A. Note: Amounts to be deducted shuald be indicated with a minus sign