PROBLEM 9-3. Choosing among Alternative Investments [LO 1) Albert Shoe Company is con- sidering investing in one of two machines that attach heels to shoot Machine A costs $70,000 and is expected to save the company $20.000 per year for 6 years Machine B costs 595,000 and is expected to save the company $25,000 per year for 6 years. Determine the net present value for each machine and decide which machine should be purchased in the required rate of return is 13 percent. Tgnore taxes