$12$

Information for two alternative projects involving machinery investments follows. Project $1$ requires an initial investment of $$135,000.$ Project $2$ requires an initial investment of $$98,000.$ Assume the company requires a $10\%$ rate of return on its investments. $($PV of $$1.$ FV of $$1.$ PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

$\backslash$table$[[7\mathrm{.}69,$Annual Amounts,$],[$points$,$Sales of new product,$],[$Expenses$,,],[$Materials$,$ labor, and overhead $($except depreciation$),,],[$Skipped$,$Depreciation$-$Machinery,$$100,000$