The county administrator is trying to decide whether to replace the old equipment. Because of rapid changes in technology, she expects the replacement equipment to have only a 3-year useful life. Ignore the effects of taxes.
1) Prepare a schedule that compares both relevant and irrelevant items for the next 3 years?
2) Prepare a schedule that compares all relevant items for the next 3 years. Which tabulation is clearer, this one or the one in requirement 1?
3) Prepare a simple %u201Cshortcut%u201D or direct analysis to support your choice of alternatives?