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 26% and an after-tax MARR of 16% per year. Using the data below, which machine would you recommend? Click the icon to view the additional data. Click the icon to view the GDS Recovery Rates (rk). Click the icon to view the interest and annuity table for discrete compounding when the MARR is 16% per year. The PW value for the Mortar is $ (Round to the nearest dollar.) ne Initial Investment Annual lease payment Annual operating expenses Market value after 3 years Mortar Xrocks $18,000 n/a n/a $850 $8,500 $1,800 $8,500 n/a Print Done D GDS Recovery Rates (r) for the Six Personal Property Classes Recovery Period (and Property Class) Year 3-year 5-year 7-year 10-year 15-year 20-yearb 1234 0.3333 0.2000 0.1429 0.1000 0.0500 0.0375 0.4445 0.3200 0.2449 0.1800 0.0950 0.0722 3 0.1481 0.1920 0.1749 0.1440 0.0855 0.0668 0.0741 0.1152 0.1249 0.1152 0.0770 0.0618 5 0.1152 0.0893 0.0922 0.0693 0.0571 6 0.0576 0.0892 0.0737 0.0623 0.0528 7 0.0893 0.0655 0.0590 0.0489 8 0.0446 0.0655 0.0590 0.0452 9 0.0656 0.0591 0.0447 10 0.0655 0.0590 0.0447 11 0.0328 0.0591 0.0446 12 0.0590 0.0446 Compound Amount Present Discrete Compounding; i=16% Single Payment Compound Amount Uniform Series Sinking Present Factor Worth Factor Factor Worth Factor Factor To Find F To Find P To Find F To Find P To Find A Fund Capital Recovery Factor To Find A Given P Given F Given A Given A Given F Given P 212 N FIP PIF FIA PIA AIF AIP 1.1600 0.8621 1.0000 0.8621 1.0000 1.1600 1.3456 0.7432 2.1600 1.6052 0.4630 0.6230 3 1.5609 0.6407 3.5056 2.2459 0.2853 0.4453 4567 1.8106 0.5523 5.0665 2.7982 0.1974 0.3574 5 2.1003 0.4761 6.8771 3.2743 0.1454 0.3054 2.4364 0.4104 8.9775 3.6847 0.1114 0.2714 2.8262 0.3538 11.4139 4.0386 0.0876 0.2476 8 3.2784 0.3050 14.2401 4.3436 0.0702 0.2302