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Machine X has an upfront cost of $439,500 and annual operating costs of $13,275 over its 4-year life. Machine Y costs $395,000 upfront and has

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Machine X has an upfront cost of $439,500 and annual operating costs of $13,275 over its 4-year life. Machine Y costs $395,000 upfront and has annual operating costs of $6,380 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 16.75% for both machine, what is the absolute value of the dollar difference between the EACs of the two machines? $10,552 $10,845 $11,138 $11,431 $11,724

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