Beryl's Iced Tea currently rents a bottling machine for $$54,000$ 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 $$155,000.$ This machine will require $$23,000$ per year in ongoing maintenance expenses. spent upfront training the new operators of the machine. to rent, purchase its current machine, or purchase the advanced machine? To make this decision, calculate the NPV of the FCF associated with each alternative.

Note the NPV will be negative, and represents the PV of the costs of the machine in each case.