LK Corporation is expanding operations and needs to purchase additional vending machines. There are currently two companies, Victor, Inc. and Gale International, that produce and sell machines that will do the job information related to the specifications of each company's machine are as follows: Victor Gale Purchase price per machine $18,000 $24.000 Useful life of machine 5 years 5 years Expected salvage value of machine in 5 $2,000 $5,000 years Estimated annual operating cost per $4.000 $3,000 machine LK's discount rate is 18%. LK uses the straight-line method of depreciation. Using net present value analysis, which company's machine should LK purchase and what is the approximate difference between the net present values of the competing company's machines? Click here to view Exhibit 138-14 and Exhibit 13B-2 e, to determine the appropriate discount factors using the tables provided Gale, $127 Victor, $3,438 Victor, $1,749 Victor, $1,562