Shamrock Company is considering the purchase of a new machine. The inwaice price of the machine is $171,000, freight charpas are estimated to be $5,000, and irstallation costs are ecpected to be $7,000. The salvage value of the new equipment is expected to be zero after a useful life of 5 years. The company could retain the existing equipment and use it for an additional 5 years if it doesn't purchase the new machine. At that time, the equipment's salvage value would be zero. If Shamrock purcheses the new machine now, it would have to scrap the existing machine. Shamrock's accountant, Kimberly Young, has accumulated the following data for annual sales and expenses, with and without the new machine: 1. Without the new machine, Shamrock can sell 15,000 units of product annually at a per-Lnit selling price of $100. If it purchases the new machine, the number of units produced and sold would increase by 10%, and the selling price would remain the same 2. The new machine is faster than the old machins, and it is mors efficient in its use of materials. With the ald machine, the gross profit rate is 25% of sales, whereas the rate will be 30% of sales with the new machine. 3. Annual salling expenses are $220,000 with the current machine. Bacause the new machine would produce a greater number of units to be sold, annual salling expenses are expected to increase by 10% if it is purchased. 4. Annual administrative expenses are expected to be $122,000 with the old machine, and $139,000 with the new machine 5. The current book value of the existing machine is $44,000. Shamrock uses straight-line dapreciation. Prepare an incremental analysis for the five years that shows whether Shamrock should retain the existing machine or buy the new ane. [lanore income tax effects.) (If an amount reduces the net income ther enter with a negotive sign preceding the number or parenthesis, e.g - 15,000, (15,000). Enter all other amounts as positive and subtract where necessarn. Do not leave any answer field blank. Enter 0 for amounts.)