Machine 1, 2, 3, or 4?

Old Southwest Canning Co. has determined that any one of four machines can be used in its chili-canning operation. The cost of the machines are estimated below, and all machines have a 5-year life. If the minimum attractive rate of return is 25% per year, determine which machine should be selected on the basis of a rate of return analysis. Machine 1 2 First Cost, $ -28,000 -51,000 -32,000 -33,000 AOC, $ -20,000 -12,000 -19,000 -18,000 3 4 Machine (Click to select) should be selected