Sun-Light Manufacturing Corporation needs to overhaul its drill press or buy a new one. The facts have been gathered,and they are as follows: 2. Current Machine P80,000 0,000 40,000 70,000 20,000 5,000 New Machine P100,000 Purchase Price, New Current book value Overhaul needed now Annual cash operating costs Current salvage value Salvage value in five years 40,000 20,000 Required: Which alternative is the most desirable with a current required rate of return of 20%? Show computations to support your recommendation, and assume no taxes