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explanation please! Two days ago, one of Morees Manufacturing Inc.'s major machines stopped working. In order to meet product demands, the company needs a new

explanation please!
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Two days ago, one of Morees Manufacturing Inc.'s major machines stopped working. In order to meet product demands, the company needs a new machine. The company is deciding to either lease or purchase a new machine. The company can lease the machine from Getit Ltd. under a 3 year contract. The lease cost would be $65,000 per year. On the other hand, Morees can purchase a machine from Buylt Ltd. for $330,000. Assume Morees has a required rate of return of 8%. Do not enter dollar signs or commas in the input boxes. Use the present value tables found in the textbook appendix Round your answer to the nearest whole number. Use the NPV method to determine which aternative the company should accept. Lease Cost: $ Purchase Cost: Therefore, Morees should

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