The Hilton college needs a new margarita machine.$$ We don't know if we should buy or lease.$$ Below is the$$ info on the two options. The machine would have a $3$ year life. Buy Lease Cost of machine $$$$14,000$$$-$ Annual lease $$$$-$$$7,000$ Salvage value in three years $$$$2,000$$$-$ Annual labor costs $$$$25,000$$$25,000$ Annual supplies $$$$3,000$$$3,000$ Annual utilities $$$$2,000$$$2,000$ Annual interest $$$$1,000$$$-$ Annual repairs $$$$1,500$$$-1.$ Which costs are irrelevant? $2.$ Which alternative do you recommend and why?