Your answer is partially correct. Try agaitn. a decision. The company relies very heavily on the use of its 60-foot extension lift for work on large homes and commercial Darcy Roofing is faced with year, Darcy Roofing spent $78,000 The company refurbishing the lift. It has just determined that another $46,500 of repair work is required. Alternatively, it has found a newer used lift t is for sale for $197,000. The company estimates that both lifts would have useful lives of 6 years. The new lift is more efficient and thus would expenses by about $26,000 per year. Darcy Roofing cou currently be sold for $29,000 if the new lift is purchased. reduce operating ld also rent out the new lift for about $11,500 per year. The old lift is not suitable for rental. The old lift could e life of the machines showing whether the company should replace the equipment. (In the first two columns, enter costs and expenses as positive amounts, and any amounts received decreases as negative amounts. Enter amounts as negative amounts. In the third column, enter net income increases as positive amounts and negative amounts using either a negative sign preceding the number e.9. 45 or parentheses e.g. (45)) Retain Equipment Replace Equipment Net Income Increase (Decrease) Operating expenses Repair costs Rental revenue New machine cost Sale of old machine Total cost 78,000 26,000 52,000 46,500 11,500 197,000 46,500 11,500 197,000 29,000 182,500 124,500 58,000