Oriole Company maintains its accounting records using IFRS. The company purchases equipment with a price of $430000. The manufacturer has offered a payment plan that would allow Oriole to make 10 equal annual payments of $50409, with the first payment due one year after the purchase. Oriole could borrow $430000 from its bank to finance the purchase at an annual rate of 5%. Should Oriole borrow from the bank or use the manufacturer's payment plan to pay for the equipment? Borrow from the bank. The rates for both the bank and manufacturer are the same, so Oriole would be indifferent. O Use the manufacturer's payment plan. There is not enough information to answer this