Two different copying machines are being considered in your company. The Mortar copier would be purchased while the Xrocks copier would be leased. The company will replace any copier selected at this time after three years (i.e., the planning horizon for this evaluation is three years). The MACRS depreciation recovery period for office equipment is seven years. Assume an income tax rate of 23% and an after-tax MARR of 17% per year. Using the data below, which machine would you recommend? A More Info Click the icon to view the additional data. Click the icon to view the GDS Recovery Rates 1). Click the icon to view the interest and annuity table for discrete compounding when the MARR is 17% per year. - X Xrocks The PW value for the Mortar is $ - 11485). (Round to the nearest dollar) Initial Investment Annual lease payment Annual operating expenses Market value after 3 years Mortar S18,000 nia $740 S7,400 $7.400 $1.500 More Info nla Print Done Year 0 GDS Recovery Rates (r) for the Six Personal Property Classes Recovery Period (and Property Class) 3-year 5-year 7-year 10-year 15-year 0.3333 0.2000 0 .1429 0.0500 0.4445 0.3200 0.2449 0.1800 0.0950 0.1481 0.1920 0.1749 0.1440 0.0855 0.0741 0.1152 0.1249 0.1152 0.0770 0.1152 0.0893 0.0922 0.0693 0.0576 0.0392 0.0737 0.0623 0.0893 0.0655 0.0590 0.0446 0.0655 0.0590 0.0656 0.0591 0.0655 0.0590 0.0328 0.0591 0.0590 0.0591 0.0590 0.0591 Capital Recovery Factor To Find A Given P 20-year .0375 0.0722 0.0668 0.0618 0.0571 0.0528 0.0489 0.0452 0.0447 0.0447 0.0446 0.0446 0.0446 0.0446 0.0446 Discrete Compounding; i = 17% Single Payment Uniform Series Compound Compound Sinking Amount Present Amount Present Fund Factor Worth Factor Factor Worth Factor Factor To Find F To Find P To Find F To Find P To Find A Given P Given F Given A Given A Given F FIP PF FIA PIA AIF 1.1700 0.8547 1.0000 0.8547 1.0000 1.3689 0.7305 2. 1700 1.5852 0.4608 1.6016 0.6244 3.5389 2.2096 0.2826 1.8739 0.5337 5.1405 2.7432 0.1945 2.1924 0.4561 7.0144 3.1993 0.1426 2.5652 0.3898 9.2068 3.5892 0.1086 3.0012 0.3332 11.7720 3.9224 0.0849 AP 1.1700 0.6308 0.4526 0.3645 0.3126 0.2786 0.2549