11. Automated Manufacturers uses high-tech equipment to produce specialized aluminum products for its customers. Each one of these machines costs $1,480,000 to purchase plus an additional $49,000 a year to operate. The machines have a 6-year life after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 16 percent? A.-$450,657 B. -$427,109 C. -$301,586 D.-$295,667 E. -$256,947 NPV =-1,660,552 Cal PMT over 6 years @ 1-16% ,EAC--$450,657