"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 $105,000, an annual operating cost of $11,550 and a machine life of 3 years.; Machine B has an upfront purchase price of $203,000, an annual operating cost of $16,240 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?" "\$264,460 / Machine B" "\$57,538 / Machine B" "\$264,460 / Machine A" "\$69,880 / Machine B" "\$264,460 / Machine B" "\$131,371 / Machine A" "\$69,880 / Machine A" "\$57,538 / Machine A