Problem 5-1 (Algo) Analysis of olternatives [LO5-3, 5-8] F cquire Company needs to acquire a molding machine to be used in its manufacturing process Two types of machines that woudd be agpropiate are presently on the market. The compary has determined the following Machane A could be puichased for 555,000 it wit last 10 years whth annuad maintenance couts of $1.900 pet yeat. Aftes to years the machine cari be sold for $5.775 Machine 8 could be purchased for $50,000 it also will last 10 yeass and wit requare maintenance costs of $7600 at year three, $0.500 in year sic and 511,400 in year eight. After 10 years. the machine will have no salvage value Peguired Assumie an interest late of 83 properly reflects the time value of money in this stuation and that maintenance costs are paid at the end of cech year ignote income tax considerations Calculate the present value of Mochine A \& Machune B Which machine Erquie should purchase? Nate. Negative amounts should be indicated by a minus sign. Do not round intermediate caiculations. Round your final answers to BVAD of SD