Please help with the few I don't understand

x A Week 3 - CNOW Assignment X CengageNOWv2 | Online teachir x ) Keep or Replace Machine: Skiles X + X agenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator=&inprogress=false Selling price of old machine Relevant V Matching lives Relevant V Purchase price of new machine Relevant Accumulated depreciation of old machine Irrelevant Fill in the differential analysis. Replace or Keep Decision Differential Analysis Report Cost of replacing old machine: Annual differential decrease in cost 21,000 x number of years 6 Total differential decrease in cost Proceeds from sale of present machine Cost of new machine Net differential (increase)/decrease in cost, six year total Feedback Check My Work Multiply the annual differential decrease in costs attributable to the new machine by six years to determine the total differential decrease in cost. Then add the proceeds from the sale of old machine. The cost of the new machine is the purchase cost. The difference is either an increase or decrease in costs. The machine should be replaced only if there is cost savings. Previous Check My Work All work saved. Email Instructor Save and Exit Submit Assignment for Grading 10:47 AM 71'F Cloudy 9/20/2021 Irch O 99+X A Week 3 - CNOW Assignment x CengageNOWv2 | Online teachin x Keep or Replace Machine: Skiles X + X gagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator-&inprogress-false ent VER Keep or Replace Machine: Skiles Coporation is a manufacturer of classic rocking chairs. The company has been using a particular sanding and finishing machine for over 10 years and believes that it may be time to replace the machine. The company is trying to decide whether replacing the old machine is a wise economic decision. The company's controller pulled together the following information on the old machine and the new possible replacement machine. LY... Old Machine: Original cost $422,500 Current accumulated depreciation 319,800 Estimated annual variable manufacturing costs for machine 73,250 Estimated selling price of machine 159,100 Estimated remaining useful life (in years) New Machine: Purchase cost $787,300 Estimated annual variable manufacturing costs for machine 52,250 Estimated residual value C Estimated useful life (in years) Select the relevant or irrelevant information below: Annual variable costs of old machine Relevant Selling price of old machine Relevant V Matching lives Relevant v Purchase price of new machine Relevant v Check My Work Previous All work saved. Email Instructor Save and Exit Submit Assignment for Grading 10:46 AM O T 71'F Cloudy search 9/20/2021