Byer, a plastics processor, is considering the purchase of a high-speed extruder as one option. The new extruder would cost $48,000 and would have a residual value of $6,000 at the end of its 10-year life. The annual operating expenses of the new extruder would be $5,000. The other option that Byer has is to rebuild its existing extruder. The rebuilding would require an investment of $20,000 and would extend the life of the existing extruder by 10 years. The existing extruder has annual operating costs of S13,000 per year and does not have a residual value. Byer's discount rate is 16%. Using net present value analysis, which option is the better option and by how much? (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) O A. Better by $10,664 to rebuild existing extruder O B. Better by $12,026 to rebuild existing extruder C. Better by $12,026 to purchase new extruder D. Better by $10,664 to purchase new extruder O O Data Table Present Value of $1 Periods 6 0 8 1 10 0 12 0 12% .507 0.404 .322 .257 14% 16% 0.456 10 .410 0.351 0 .305 0.270 1 0 .227 0.208 0.168 Print Done Data Table Present Value of Annuity of $1 Periods 12% 6 4 .111 4.968 10 5.650 12 L 6.194 14% 3.889 4.639 5.2 16 5.680 16% 3.685 4344 4.833 5.197 Print Done Click to select your