Splish, a large manufacturing company, currently uses a large printing press in its operations and is considering two replacements: the PDX$341$ and PDW$581.$ The PDX costs $$501,000$ and has annual maintenance costs of $$10,100$ for the first $5$ years and $$15,100$ for the next $10$ years. After $15$ years, the PDX will be scrapped $($salvage value is zero$).$ In contrast, the PDW can be acquired for $$125,250$ and requires maintenance of $$30,200$ a year for its $10-$year life. The salvage value of the PDW is expected to be zero in $10$ years. Assuming that Splish must replace its current printing press $($it has stopped functioning$),$ has a$($n$)9-$percent cost of capital, and all cash flows are after tax, which replacement press is the most appropriate? $($Round answers to $2$ decimal places, e$.$g$.125\mathrm{.}25.)$

Chain Replication Approach:

NPV of PDX$341$

$

NPV of PDW$581$

$

We would prefer

Equivalent Annual NPV Approach:

Equivalent Annual NPV of PDX$341$

$

Equivalent Annual NPV of PDW$581$

We would prefer