Geary Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $892,800 is estimated to result in $297600 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project of $130.200. The press also requires an initial investment in spare parts inventory of $37,200, along with an additional $5,580 in Inventory for each succeeding year of the project. Required: If the shop's tax rate is 34 percent and its discount rate is 17 percent, what is the NPV for this project? (Do not round your intermediate calculations.) $-122.979.84 $-119,583.66 $-20576273 $-129,128.84 $-116,830.85 Vandalay Industries is considering the purchase of a new machine for the production of latex Machine A costs $1,990,000 and will last for 4 years. Variable costs are 40 percent of sales, and fixed costs are $125,000 per year. Machine B costs $4,750,000 and will last for 8 years. Variable costs for this machine are 28 percent of sales and fixed costs are $74,000 per year. The sales for each machine will be $9.5 million per year. The required return is 10 percent and the tax rate is 35 percent. Both machines will be depreciated on a straight-line basis. Required: (a) if the company plans to replace the machine when it wears out on a perpetual basis, what is the EAC for machine A? (Do not round your intermediate calculations.) (Click to select) (b) If the company plans to replace the machine when it wears out on a perpetual basis, what is the EAC for machine B? (Do not round your intermediate calculations.) (Click to select)