MikeDicta Plc is comsidering the purchase of a new machine and has found two which meet its specification. Each machine has an expected life span of five years. Machine $1$ would generate annual cash flow $($receipt less payment$)$ of $210,000$ and will cost $570,000.$ Its scrap value after five years is $70,000.$Machine $2$ would generate annual cash flow of $510,000$ and will cost $1,616,000.$ Its scrap value after five years is $301,000.$ MikeDicta Plc uses the straight line method of depreciation and has a target return on capital employed of $20\%.$Required: calculate the ROCE for both machines and state which machine you will recommend giving reasons.