Torbet fish Packing Company wants to accumulate enough money over the next 10 years to pay for the expected replacement of its digitaized, automated scaling machine. The new machine is expected to cost $160,000 in 10 years. Torbet. currently has $13,000 that it plans to invest over the next 10 years to help pay for the new machine. Torbet wants to put away an equal, end-of-year amount into a sinking fund investment account at the end of each of the next. 10 years. Earnings -on all of the investments are expected to be 5 percent for the first five years and 6 percent thereafter. What equal, end-ofyearamount must Torbet save each year over the next 10 years to meet these needs? Use Table I and Table ill or a tinancial calculator to answer the question, Round your answer to the nearest dollar