Question 3. GMC is considering two option to buy a new machinery that will generate the same revenue for the company each year. The table below shows the initial and annual costs for each option. Option 2 165,000 2000 Costs Initial Investment Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Option 1 155,000 3000 3100 3250 3300 3350 2200 2250 2300 2350 2400 Required: Which option the company should choose based on EAC if the relevant discount rate is 7%