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Paige Company is contemplating the acquisition of a machine that costs $65,000 and promises to reduce annual cash operating costs by $14,000 over each of

Paige Company is contemplating the acquisition of a machine that costs $65,000 and promises to reduce annual cash operating costs by $14,000 over each of the next 7 years. Which of the following is a proper way to evaluate this investment if the company desires a 14% return on all investments? (Round PV factors to 3 decimal places.) $65,000 vs. $98,000 4.288. $65,000 vs. $98,000 0.400. $65,000 vs. $14,000 7. $65,000 vs. $14,000 4.288. $65,000 0.877 vs. $14,000 4.288.

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