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Please Show Work...Thanks CHE T Angler Corp. is considering purchasing one of two new processing machines. Either machine would make it possible for the company

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CHE T Angler Corp. is considering purchasing one of two new processing machines. Either machine would make it possible for the company to produce its products more efciently than it is currently equipped to do. Estimates regarding each machine are provided below: Machine A Machine E lriginal cost $113,251? $2?ll,lll} Estimated life It) years It) years Salvage value -'.'l- 4]. Estimated annual cash inows $3,0lll} $b.ll Estimated annual cash outows $ 7,5oo Elill {a} Calculate the net present value and protability index of each machine. Assume an 3% discount rate. TWhich machine should he purchased? {13} Angler Corp. did some further research and JFound one other possible machine that would produce the same type of production efciencies. The information regarding Machine C is below: Machine C lICZIriginal cost $250,0ll Estimated life 10 years Salvage value 5 311].th Estimated annual cash inows i 45,0lll} Estimated annual cash outows $ lll} {1) Calculate the net present value and protability index for Machine C. Use an 3% discount rate. {2} Rank the investments bued on net present value. 1Which machine would be chosen based on this calculation? {3} Bank the investments based on protability index. 1|Which machine would be chosen based on this calculation? {4} Which machine should be purchased based on all the information provided? Discuss your reasons why

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