Big Rock Brewery currently rents a bottling machine for $51,000 peryear, including all maintenance expenses. The company is considering purchasing a machine instead and is comparing two alternateoptions: option a is to purchase the machine it is currently renting for $160,000, which will require $24,000 per year in ongoing maintenanceexpenses, or optionb, which is to purchase anew, more advanced machine for $265,000, which will require $18,000 per year in ongoing maintenance expenses and will lower bottling costs by $12,000 per year.Also, $35,000 will be spent upfront in training the new operators of the machine. Suppose the appropriate discount rate is 7% per year and the machine is purchased today. Maintenance and bottling costs are paid at the end of eachyear, as is the rental of the machine. Assume also that the machines are subject to a CCA rate of 30% and there will be a negligible salvage value in 10years' time(the end of eachmachine's life). The marginal corporate tax rate is 30%. Should Big Rock Brewery continue torent, purchase its currentmachine, or purchase the advancedmachine? To make thisdecision, calculate the NPV of the FCF associated with each alternative.(Note: the NPV will benegative, and represents the PV of the costs of the machine in eachcase.)