Questions \#3, \#4. and \#5 are about the following situation. A meat processing company that sells to McDonald's produces 60,000 hamburger patties per week. The equipment used to make the patties has a four-year lifespan and cost the company $10,000. With this equipment, the labor cost per year of producing hamburgers is $13,500. The company is considering buying new equipment that has a five-year lifespan. The new equipment, which costs $13,000, will reduce annual labor cost by $2,500 to $11,000 per year. The output of 60,000 patties a week remain the same with the new equipment. What is the company's current equipment cost productivity per year, i.e., number of hamburgers produced for each dollar of current equipment cost? If the company buys the new equipment, which of the following would be true? Labor cost productivity will decrease, and equipment productivity will increase. Labor cost productivity and equipment productivity will increase. Labor cost productivity and equipment productivity will decrease. Labor cost productivity will increase, and equipment productivity will decrease