$**$Required: showing all relevant calculations in good presentation form, should the machine be $**$purchased$.$ Why or why not?Reacher Corporation is evaluating a proposal to purchase a new machine that would cost $$100,000$ and would have a salvage value of $$12,000$ in $4$ years. It would provide annual savings of $$10,000$ as noted below.

$\backslash$table$[[,$Old Machine,New Machine$],[$Direct materials,$$40,000,$$$36,000$