(Equivalent annual cost calculation) The Templeton Manulacturing and Distribution Company of Tacoma, Washington, is contemplating the purchaso of a new corveyor belt system for one of it regional distribution faclities. Both altematives will accomplish the same task but the Eclipse Model is substantialy more expensive than the Sabre Model and will not have to be replaced for 10 years, whereas the cheaper model will need to be replaced in just 5 years. The costs of purchasing the fwo systems and the costs of operating them annually over their expected lives is provided below: a. Tompleton typically evaluates investments in piant improvements using a required rate of teturn of 10 percent. What are the NPYs for the two systems? b. Calculate the equivelont annual costs for the two syatems. c. Based on your analyeis of the two systems using both their NPV and EAC, which system do you recommend the company pick? Why? The PivV for Ecipse at a discount rate of 10 is 3 (Round to the nearest dollac.) Data table