Sly. a plastics processor, is considering the purchase of a high speed extruder as one option. The new extruder would cost $54,000 and would have a residual value of $5,000 at the end of its 10 year life. The annual operating expenses of the new extruder would be $8,000. The other option that Sly has is to rebuild its existing extruder. The rebuilding would require an investment of $30,000 and would extend the life of the existing extruder by 10 years. The existing extruder has annual operating costs of $14,000 per year and does not have a residual value. Sly's discount rate is 12%. Using net present value analysis, which option is the better option and by how much? Present Value of $1 Periods 12% 14% 16% 6 0.507 0.456 0.410 8 0.404 0.351 0.305 10 0.322 0.270 0.227 12 0.257 0.208 0.168 Present Value ofAnnuity 01 $1 Periods 12% 14% 16% 6 4.111 3.889 3.685 8 4.968 4.639 4.344 10 5.650 5.216 4.833 12 6.194 5.660 5.197 O A. Better by $11,510 to rebuild existing extmder O B. Better by $11,510 to purchase new extruder O c. Better by $9,900 to purchase new extruder O D. Better by $9,900 to rebuild existing extruder