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37. Cristiano Orlando, president of Better Juice Ltd, is considering the purchase of a machine that will improve the operations of the company. Two machines

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37. Cristiano Orlando, president of Better Juice Ltd, is considering the purchase of a machine that will improve the operations of the company. Two machines are available. The CRJ2000 costs $150,000 and will last for 7 years. It will produce positive incremental cash flows of $30,000 per year. The GS180 costs $120,000 and will last for 9 years. It will produce incremental cash flows of $25,000 per year. The equivalent annual series of the machine they should choose is Assume a discount rate of 6%. a. 6,086.50 b. 7,357.33 c. 8,768.00 d. 9,562.24 10,357.33

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