Question 9 0110 - [1 E View Policies Current Attempt in Progress Novak Company has a factory machine with a book value of $168,000 and a remaining useful life of 4years. A new machine is available at a cost of $252,000. This machine will have a 4-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $593,500 to $507,000. Prepare an analysis that shows whether Novak should retain or replace the old machine. {lfnn amount reduces the net income then enter with a negative sign preceding the number or parenthesis, e3. -15,000, (15,000).) Net Income Keep Replace Increase Equipment Equipment (Decrease) Variable costs $ $ $ New machine cost $ $ $ replaced retained The oldfactory machine should be v