The Martin Company is considering the replacement of a machine that is presently used in the production of its product. The following data are available: 
Required: Ignoring income taxes, prepare a cost comparison of all relevant items for the next seven years together. Indicate the best alternative for Martin Company.
Definitions:
Threats
Potential dangers or negative impacts that could harm an entity or hinder its plans.
SWOT Analysis
a strategic planning tool used to identify and assess Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.
Marketing Actions
Refers to the strategies and tactics companies use to promote and sell their products or services to consumers.
Opportunity
A favorable situation or set of circumstances that presents itself, which can potentially lead to growth, development, or success if capitalized on properly.
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