A chemical company is considering buying a new production equipment. The following models are identified as viable candidates from the technical perspectives. The company's MARR is 11%. The estimated cash flows for each alternative are below. Suppose the cotermination assumption is made.

Please round all your answers to the nearest integer.

Machine A:

• Capital Investment: $16,000
• Useful Life: 6 years
• Market Value at the End of Life: $2,000
• Annual Revenues: $72,000
• Annual Expenses: $56,000

Machine B:

• Capital Investment: $28,000
• Useful Life: 15 years
• Market Value at the End of Life: $0
• Annual Revenues: $126,000
• Annual Expenses: $98,000

Machine C:

• Capital Investment: $37,000
• Useful Life: 7 years
• Market Value at the End of Life: $6,000
• Annual Revenues: $166,500
• Annual Expenses: $129,500

1) What is the FW of Machine C?