"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 $109,400, an annual operating cost of $12,034 and a machine life of 3 years.; Machine B has an upfront purchase price of $207,000, an annual operating cost of $13,455 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?" "$257,920 / Machine A" "$68,152 / Machine A" "$68,152 / Machine B" "$257,920 / Machine B" "$59,949 / Machine A" "$59,949 / Machine B" "$136,876 / Machine A" "$257,920 / Machine B"