please show all work thanks 11. Borodino, Inc. is considering disposing of...
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11. Borodino, Inc. is considering disposing of an old machine (asset) that has a book value of $20,000, and it has an estimated remaining useful life of six years. The old machine can be sold for $29,000. A new machine with a purchase price of $420,000 is being considered as a replacement. It will have a useful life of six years and no residual value. Estimated annual variable manufacturing costs will be reduced from $97,000 to $33,000 if the new machine is acquired. Calculate the increase or decrease in Borodino's net income for the entire six years if the new machine is acquired
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