Sperry Corporation can invest in one of two mutually exclusive machines that will make a product it needs for the next 6 years. Machine C costs $12 million but realizes after- tax inflows of $6.0 million per year for 3 years, after which it must be replaced. Machine D costs $21 million and realizes after-tax inflows of $5.7 million per year for 6 years. Based on the firm's cost of capital of 8 percent, the NPV of Machine D is $5,350,414, with an equivalent annual annuity (EAA) of $1,157,377 per year. Calculate the EAA of Machine C. Compare your result to that of Machine D and decide which to recommend. O O EAAc = $1,343,598; Purchase Machine C O EAAc = $749,010; Purchase Machine D o = O EAAc = $3,404,215; Purchase Machine C O EAAc = $1,498,019; Purchase Machine C O O EAAc = $2,675,310; Purchase Machine C