Bryant company has a factory machine with a book value of $90,800 and a remaining useful life of 7 years. it can be sold for $27,200. a new machine is available at a cost of $407,400. this machine will have a 7-year useful life with no salvage value. the new machine brings annual variable manufacturing costs from $640,100 to $631,800. prepare an analysis showing whether the old machine should be retained or replaced.

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.