Beryl's food Tea currently rents a bonding machine for $52,000 per year, including all maintenance expenses. It is considering purchasing a machine instead and is comparing two options: a. Purchase the machine it is currently renting for $165.000. This machine will require $23.000 per year in ongoing maintenance expenses b. Purchase a new, more advanced machine for $255,000. This machine will require $15,000 per year in ongoing maintenance expenses and will lower boring costs by $15.000 per year. As $37.000 will be spent up front to train the new operators of the machine Suppose the appropriate discount rate is 8% per year and the machine is purchased today. Maintenance and botting costs are paid at the end of each year, as is the cost of the real machine Assume that the machines will be depreciated via the straight line method over seven years and that they have a 10-year with a negligible salvage value. The marginal corporate tax rate is 35% Should Bery's lood Tea continue to rent purchase its current machine, or purchase the advanced machine? To make this decision, calculate the NPV of the FCF associated with each stative The NPV of renting the current machine is $ - 226 800 (Round to the nearest dollar) The NPV of purchasing the current machine is $ - 222.383 (Round to the nearest dollar) The NPV of purchasing the advanced machines (Round to the nearest dolar)