Summit Pаckаging Ltd. uses а specialized sealing machine in its prоductiоn prоcess. The machine is currently used to produce 60,000 units annually and can be sold today for $25,000. If retained, it is expected to generate annual operating costs of $48,000 for the next four years. A new automated machine is available for $140,000 and would reduce annual operating costs to $28,000 per year. The new machine is expected to have a resale value of $45,000 at the end of four years. Management wants to determine whether replacing the machine is financially justified based on total cash flows over the four-year period. Which of the following alternatives is financially preferable, and by approximately how much?