c-1. Kerry is able to find a domestic manufacturer that makes the same equipment. The cost of the machine is $220,000 if Kerry purchases it from the domestic manufacturer, but the company offers Kerry a favorable 4% loan for a 10-year term. Compare Kerry's monthly payment if he purchases from the domestic manufacturer to the scenarios he created earlier. Note: Round your answer to 2 decimal places. Monthly payment: 2,227.39 c-2. Should Kerry purchase from the domestic manufacturer? Yes No 3 3 3 31 31 3 39 40