Pronghorn Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided below. Machine A Machine B Original cost $175,000 $247.000 Estimated life 8 years 8 years Salvage value -0- -0- Estimated annual cash inflows $56,000 $71,000 Estimated annual cash outflows $23,000 $28,000 Click here to view PV tables Calculate the net present value and profitability index of each machine. Assume a 9% discount rate. (Round net present value to the nearest whole dollar, eg. 5,275 and profitability index to 2 decimal places eg. 15.25. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Machine A Net present value $ Profitability index Which machine should be purchased? Machine B