Buckner Company is considering replacing a machine that is presently used in the production of its product. The following data are available: 
-The total relevant costs to consider if the old machine is kept are
Definitions:
Proprietorship
An unincorporated business firm owned by just one person.
Corporation
A legal entity that is separate from its owners, offering limited liability to its shareholders, and having the ability to enter into contracts, loan and borrow money, sue and be sued.
Financial Intermediary
An institution that facilitates the channeling of funds between lenders and borrowers, such as banks, investment funds, and insurance companies.
Loan Syndicates
Groups of banks or financial institutions that come together to provide a large loan to a single borrower, spreading the risk among them.
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