3. The Omega Company Ltd. is considering the purchase of a new machine. Two alternative machines X and Y have been suggested, each costing $40000. Companys cost of capital is 10%. Earnings after taxation expected to be as follows: Year Cash flows $ Machine A Machine B 1 $ 4000 $ 12000 2 12000 16000 3 16000 20000 4 24000 12000 5 16000 8000 Suggest which machine should be preferred based on NPV method. (9 marks)