Problem 5-1 (Algo) Analysis of alternatives [LO5-3, 5-8] Eiquie Coirpary needs to acgike a molaing machine to be ised in its manufictiaing process Fwo types of machines that would be. appropriate are presertly ani the market. The company has deternined the followng. Machure A could be parchayed for $55,000 it we last 10 years with annual maintenance costs of $1,900 per year Ater io years the machene can be sold for 55,775 Machine B could be purchased toe $50,000 in also wil last to years and will require maintenance costs of $7600 in year three, 59,500 in year sxa and 511,400 in year eight. After 10 years, the mochine will have no dalvage value. Aequired: Assume an intereat tate of as propefly refiects the time value of money in this situation and that mantenance costs are paid at the end of each yeat lgnore income tax considerations: Calculate the present value of Machine A \& Machine B. Which machine Esquae should purchase? Note: Negetive ameunts should be indicated by a minus sign. Do not round intermediate caiculations. Round your final answers to EVAD URESt