Question 11 (4 points) An industrial firm uses an economic analysis to determine which of two machines to purchase. Each machine is capable of performing the same task in a given amount of time. Assume the MARR is 8%. Which machine should you select? 15 Initial Cost Project Life Salvage Value Annual Receipts Machine X $6,000 7 years $0 $150 Machine y $12.000 13 years $4,000 $175 Either Not enough information given to determine Machine X Machine Y