NE Printem Replace Equipment A machine with a book value of $251,200 has an estimated six-year e A proposal is offered to all the old machine for $214,300 and replace it with a new machine ata cost of $280,600. The new machine has a shear life with no residual valut. The new machine would reduce annual direct labor costs from $51,000 to 540,300 2. Prepare a offerential analysis dated April 11 on whether to continue with the old machine (Alternative 1) or replace the old machine (Alternative 2) 1 an amount is zero, enter of required, use a minus sign to indicate a foss. Differential Analysis Continue Old Machine (Alt. 1) or Ieplace Old Machine (Alt. 2) April 11 Continue Replace with Old old Differential Effects Machine Machine (Alternative 1) (Alternative 2) (Alternative 2) Revenues Proceeds from sale of old machine Costs Purchase price Direct labor (years) Profit (06) b. Should the company continue with the old machine Alternative 1) or replace the old machine (Aterative 2