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BAK Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that

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BAK Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided below. Clickhere to view the factor table. Calculate the net present value and profitability index of each machine. Assume a 98 discount rate. (If the net present walue is negative. use either a negative sign preceding the number eg45 or parentheses eg (45). Round answer for present value to O decimar places, eg. 125 and profitability index to 2 decimal ploces, es. 10.50. For calculation purposes, use 5 decimal places as displayed in the foctor table provided)

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