Unequallves ANPV approach Evans Industries wishes to select the best of the possible machines, each of which is expected to say the firm's ongoing need for additionalaumum extrusion capacity. The teachines A, B and C are equally risky. The firm plans to use a cost of capital of 11.2% to evaluate each of them. The investment and annual cash over thee of each machine are shown in the following table. Click on the loan located on the top-right comer of the datatable below in order to copy contents into a spreadsheet) investment ICF) Year) Machine A Machine Machine 9100 100 100.00 CWCF) 512400 $10.00 12.450 19.400 2400 29 200 12400 value for machine A Round to the nearest cent) 8 mg IC-14 (Stuar to) Initial investment (CF) $91,200 $36,400 $100,800 Year (t) Cash Inflows (CF) $12,400 $10,700 $29.200 19,400 29,200 12.400 31,000 29,200 12,400 40,400 29,200 12,400 29,200 12,400 a. Calculate the NPV for each machine over its life, Rank the machines in descending order on the basis of NPV. b. Use the annualized net present value (ANPV) approach to evaluate and rank the machines in descending order on the basis of ANPV. c. Compare and contrast your findings in parts(a) and (b). Which machine would you recommend that the firm acquire? 12.400 a. The net present value for machine Ais (Round to the nearest cont) Enter your answer in the answer box and then click Check Answer parts 8 remaining MacBook Air