A firm is trying to decide which of the two automated packaging equipment to install. For the first option a company can save $58,000 per year in labor but will incur an additional maintenance parts cost after the 3-year warranty period.In year 4, the maintenance parts will cost $900 and will increase in year 5 to 8 by $125 per year. For the second option, the company can save $59,500 per year but will incur additional yearly maintenance parts cost of $2500. The two options have a useful life of 8 years and no salvage value.The company uses a MARR of 9.0% per year.Which equipment should the company choose?