1 Diamond and Turf Inc. is considering an investment in one of two machines. The wing machine will increase productivity from swing 130 hsbals per how to wiper hour. The contribution margin per unit is $0.43 per hastall Assume that any increased production of baseballs can be so. The second machines and tomatic packing machine for the gol ball line. The packing machine will reduce packing the cost. The labor cost saved is equivalent to $26 per hour. The sewing machine will cost $331,800, will have an eight year, and will operate for 1.400 hours per year. The packing machine will cost $140.00, he and year, and will certe for 1.200 hours per year mond and Turf seeks a minimum rute of return of 10 on investments Present Value of an Annuity of $1 at Compound sterest Year 109 15 0.00 0.000 . 0.87 2 1. 1. 2.673 2.100 4 3. 2.95 2.589 5 4.212 . 3.60 2.991 6 4,017 2 5.58) 4. 4.160 6.210 5. 4. 3. . 3.75 4.77 4031 10 5.019 4.192 a. Determine the new for the two machines. Use the table of press of an annuity of loveRound to the nearest do Sewing Machine Packing Machine Present value of annual net cash flows Amount to be invested 331,300 140.00 b. Determine the presente index for the two machines required, round your answers to two decimal places Sewing Machine Packing Machine Present value index c. famond and Turf has won funds for only one of the machines and valuative factors are equal beween the two machines, in which machine should it in both present and we the same, the machine will grade correct)