"The FIN340 Company is evaluating the purchase of 2 competing machines and wants to choose the machine with the lower equivalent annual cost (EAC); Machine A has an upfront purchase price of $161,100, an annual operating cost of $32,220 and a machine life of 3 years.; Machine B has an upfront purchase price of $254,000, an annual operating cost of $16,510 and a machine life of 6 years; If our company has a WACC of 15.0%, which machine has the lower equivalent annual cost (EAC) and what is its EAC?" "$102,778 / Machine A" "$316,482 / Machine A" "$83,626 / Machine B" "$83,626 / Machine A" "$234,666 / Machine B" "$316,482 / Machine B" "$102,778 / Machine B" "$316,482 / Machine A