16. Problem 12.16 (Replacement Chain) ook The Lesseig Company has an opportunity to invest in one of two mutually exclusive machines that will produce a product the company will need for the next eight years. Machine A costs $10 million but will provide after-tax inflows of $4.7 million per year for 4 years. If Machine A were replaced, its cost would be $11.2 million due to inflation and its cash inflows would increase to $5.1 million due to production efficiencies. Machine B costs $14.9 million and will provide after-tax inflows of $4 million per year for 8 years. If the WACC is 13%, which machine should be acquired? Explain. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Do not round intermediate calculations. Round your answers to two decimal places. Machine -Select-is the better project and will increase the company's value by $ millions created by Machine -Select millions, rather than the $