2. Your company needs to purchase a new track hoe and has narrowed the selection to two pieces of equipment. The first track hoe costs $50,000 and costs $16.00 per hour to operate. The second track hoe costs $55,000 and costs $13.50 per hour to operate. The operator costs $20.00 per hour. The revenue from either track hoe is $53.50 per hour. Using a useful life of four years, a salvage value equal to 20% of the purchase price, 1,200 billable hours per year, and a MARR of 20%, which track hoe should your company choose?