A company is going to buy a new machine for manufacturing its product. Four different machines are available. Cost, operating and other expenses are as follows: A B First cost Power per year Labor per year Maintenance per year Taxes and insurance Life, years P24,000 1,300 11,600 2,800 3% 5 P30,000 1,360 9,320 1,900 3% 5 P49,600 2,400 4,200 1,300 3% 5 D P52,000 2,020 2,000 700 3% 5 Money is worth 17% before taxes to the company. Which machine to be chosen? 29