Question: Please answer with detailed calculations , good formatting and explanations else a downvote will be given. Submit the solution only if the answer is 100%
Please answer with detailed calculations , good formatting and explanations else a downvote will be given. Submit the solution only if the answer is 100% correct else skip for other tutor. otherwise wrong answer will be reported for unprofessionalism.


Granfield Company has a piece of manufacturing equipment with a book value of $41,000 and a remaining useful Be of four years. At the end of the four yours the equipment will have a zero-salvage value. Granfield can purchase new equipment for $126,000 and receive $22.800 in return for trading in Its cunmet equipment The current equipment has variable manufacturing costs of $41,000 per year The new equipment will reduce variable manufacturing costs by $20.090 per year over its four-year life. The total increase or decrease In income by replacing the current equipment with the new equipment is Multiple ChoiceO $23,200 decrease O $17800 decrease O $80,000 Increase O $23,200 increase $54,700 increase
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