04 An international textile company's North America Division must decide which type of fabric cutting machines it will use-a straight knife or a round knife. The estimates are summarized below. Compare them on the basis of annual worths at /= 10%. Saved First Cost AOC, per Year Overhaul in Year 2 Salvage Value Life Straight Knife $-240,000 $-48,000 $-26,000 $48,000 $11,000 6 years 4 years The (Click to select) type of fabric cutting machine will be used by the company. Round Knife $-300,000 $-48,000