QUESTION 2 Freeble Company has begun evaluating proposals on new robotic painting equipment that will allow them to accept bids on jobs that the company has not been able to consider in the past. Three proposals for a machine are currently on the table. Estimates for each machine are as follows Machine 1Machine 2 $200,000 8 years $10,000 $45,000 $18,000 Machine 3 Original cost Estimated life Salvage value Estimated annual cash inflows Estimated annual cash outflows S88,000 $160,000 8 years $5,000 $20,000 $6.000 8 years $16.000 $42,000 $20,000 REQUIRED MUST SHOW ALL COMPUTATIONS TO RECEIVE CREDIT. Based on the net present value method and the profitability index Discuss which machine should be purchased? Assume a 10% discount rate T TTT Paragraph Anal3 120 s to seve ali anners Save All Answers