+ Hollywood Tabloid needs a new state of the art camera to produces monthly magazine. The company is looking at the cameras that are both capable of doing the job and has determined the following 25 Camera costs $5.200. It should test for eight years and have anual maintenance costs of $240 per year. Ater eight years, the magazine can set the camera for $380 Camere 2 costs $4700 t will also last for eight years and have manance costs of $820 in year twee $900 in year five and 51000 in your seven. After eight years, the comers will have no reservele. E of S1, PSS EVA SE and EVA of 3(Use appropriate factors) from the tables provided. Round your answers to 2 decimal places) Required: 10. Assume that an interest rate of 8% proceny tects the discount on the station and that maintenance costs we paid at the end of each you Determine the total cost of cameras lo Cat 1-6. Which camera thoud Hollywood Tabloid purchase Camera 2 Camere 1