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Relevant costs and revenues: replacement decision

Relevant costs and revenues: replacement decision Joyce Printers, Inc., is considering replacing its current printing machines with newer, faster, and more efficient printing technology. The following data have been compiled: The existing machines can be disposed of now for $40,000. Keeping them will cost $20,000 for repair and upgrading.RequiredShould Joyce Printers keep the existing printing machines?Explain.

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