Problem 5-13 (Algo) Lease vs, buy alternatives [LO5-3, 5-8, 5-10] Kidoy Toy Corpodation neeck to acquire the use of atmachine to be used in its manufacturing process. The machine neededis maruuactured by tollie Corporation. The machine can be used for 10 years and then sold for $75,000 at the end of its useful life Lollie has presented Kiddy with the following options 1. fiy ifachine. The machine could be purchased for $175,000 in cash. A insurance costs. which anpronimase $20,000 per yeat. would he paid by kiddy 2. Leaie machine. The machine could be ieased for a 10 .year period for an annual lease payment of 540.000 wath the fint payment due inenediately. All insurance costs will be paid for by the Lolle Corporation and the machine wil revert back to Lollie at the end of the 10 -year penibd. Aequired: Assuming that a 12 sirterest rate propedy reflects the fime value of money in this stuation and that all maintenance and insurance. costs are poid at the end of each yeas, determine which option Kiddy should choose lgnore income tax considerations. Note: Negative amounts should be indicated by a minus sign. Round your final answers to nesrest whole dollar amount. Use tebies, Excel, or a financial caiculotor. (EV of S1, EV of S1, EVA of S1. PVA of St. EVAD of S1 and PVAD of S1)