Reference: Case Study 5 Burn: Mann factoring is considering the following two alternatives. The cost information for the two proposals for replacing an equipment are provided are in table below; Machine X Machine Y Initial cost $120,000 $96,000 Benetsfyear $20,000 for the first 10 years $12,000 per year for 20 and $9,000 for the next 10 years. years Life 20 years Salvage value $40,000 $20,000 MARK 3% 15. The NPW of machine X is . Refer to: Case Study 5 A) $35,153 B} 543,192 C} $50,252 D) $61,239 16. The NPW of machine Y is . Refer to: Case Study 5 A) $42,196 B} $29,503 C} $26,106 D) $32,103 11". If machine \"Y" has no salvage value, what Would be the NPW of machine \"Y\"? Refer to: Case Study 5 A) $19,391 B} 520,626 C} $23,473 D) $21,316 13. How much money would have to be placed in a sinking fund each year to replace a machine costing $20,000 today at the end of 10 years if the fund yields 9% annual interest rate compounded yearly and if the cost of the machine is assumed to increase at 5% annually for the next 10 years? Assume the salvage value is zero. A) $2,143.63 B} 52150 C} 52,340 D) $1923 19. (TIF) Art endOWment has been setup to fund ten engine'ering Scholarships of $119,000 each year in a state university in Tennessee starting year 11. If the endowment is expected an earn 8% rate of return, the endonent is worth $1 ,000,000. 20. (TIF) The best alternative among the four mutually exclusive alternatives in the table below is alternative A. Alternative A D (Do-nothing) $15,000