The analyst in the ABC Company is considering replacing five 50 HP motors with five 50 HP energy efficient motors. Assume a 3 percent improvement in efficiency. These motors wll all be operated seven days per week and three shifts per week at an estimated 85 percent of full load. If the cost of electric power is PhP0.06 per KWH, how much can the company afford to pay for the five energy-efficient motors? .PhP9,367.50 o B. PhP9,364.20 c C.PhP9,370.00 D.Phpg,360.20 The analyst in the ABC Company is considering replacing five 50 HP motors with five 50 HP energy efficient motors. Assume a 3 percent improvement in efficiency. These motors wll all be operated seven days per week and three shifts per week at an estimated 85 percent of full load. If the cost of electric power is PhP0.06 per KWH, how much can the company afford to pay for the five energy-efficient motors? .PhP9,367.50 o B. PhP9,364.20 c C.PhP9,370.00 D.Phpg,360.20