e. Unrelated to the new product, Cory is analyzing two mutually exclusive machines that will upgrade its manufacturing plant. These machines are considered average- risk projects, so management will evaluate them at the firm's 10% WACC. Machine X has a life of4 years, while Machine Y has a life of 2 years. The cost of each machine is $60,000; however, Machine X provides after-tax cash flows of $25,000 per year for 4 years and Machine Y provides aftertax cash ows of $42,000 per year for 2 years. The manufacturing plant is very successful, so the machines will be repurchased at the end of each machine's useful life. In other words, the machines are \"repeatable\" projects. 1] Using the replacement chain method, what is the NPV of the better machine? 2} Using the EAA method, what is the BAA ofthe better machine