A slip sheet manufacturer is considering two machines. An engineer is asked to perform analyses to select the best machine. She prepares the following information for the evaluation. All machines have a useful life of 5 years. If the company's MARR is 8% per year, which machine should be selected? Machine Y Initial capital investment $48,000 $33,000 Annual expenses $7000 $9300 Annual revenue $16.500 $17.000 Salvage value $21,600 $4950 IRR (%) 10.95 9.18 20 A slip sheet manufacturer is considering two machines. An engineer is asked to perform analyses to select the best machine. She prepares the following information for the evaluation. All machines have a useful life of 5 years. If the company's MARR is 8% per year, which machine should be selected? Machine Y Initial capital investment $48,000 $33,000 Annual expenses $7000 $9300 Annual revenue $16.500 $17.000 Salvage value $21,600 $4950 IRR (%) 10.95 9.18 20