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Dunn Manufacturing is considering the following two alternatives. The cost information for the two proposals toe replacing an equipment are provided are in table below.

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Dunn Manufacturing is considering the following two alternatives. The cost information for the two proposals toe replacing an equipment are provided are in table below. Machine X Machine Y Initial cost $120.000 $96,000 $20,000 for the first 10 years $12.000 per year for 20 Benefits/year and $9.000 for the next 10 years. years Life 20 years Salvage value $40,000 $20.000 MARR 8% From Dunn Manufacturing above, if machine "Y" has no salvage value, what would be the Present Worth of machine "Y"? 20,000 21,000 22,000 23,000 None of the above

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