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Machine X has an upfront cost of $402,000 and annual operating costs of $12,150 over its 4-year life. Machine Y costs $370,000 upfront and has

Machine X has an upfront cost of $402,000 and annual operating costs of $12,150 over its 4-year life. Machine Y costs $370,000 upfront and has annual operating costs of $5,980 over its 3-year life. Whichever machine is purchased will continue to be replaced at the end of its useful life. If the required return is 15.50% for both machine, what is the absolute value of the dollar difference between the EACs of the two machines? options: $14,244 $14,619 $14,994 $15,368 $15,743

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