Required:

Prepare a comparative income statement covering the next five years, assuming:

a$.$ The new machine is not purchased.

b$.$ The new machine is purchased.

$($Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.$)$

$\backslash$table$[[,\backslash$table$[[$Keep Old$],[$Machine$]],\backslash$table$[[$Buy New$],[$Machine$]],$Difference$],[$Sales$,,,],[$Operating costs,,,$],[$Selling and administrative expenses,,,$],[$Depreciation of the old machine, or loss write$-$off,,,$],[$Salvage value $-$old machine,,,$],[$Depreciation$-$new machine,,,$],[$Total expenses,,,$],[$Net operating income,,,$]]$