Use the information below to answer multiple choice questions 22-25. A company is considering the purchase of a new machine to automate their meat packing process. The machine will save $50,000 in Jabour annually. The machine can be purchased for $200,000 today and will be used for 10 years. It has a salvage value of $10,000 at the end of its useful life. The annual maintenance cost of the machine is $9000 and the company has a minimum rate of return of 10%. If Present Worth Analysis is used, answer multiple choice questions 22-25. 22. If the machine will save $50000 in labour annually at 10% interest for 10 years, what is the total savings from labeur? a. $500000 b. $50000 C. $19275 d. $307200 23. If the machine has a salvage value of $10000 at the end of its useful life, what is the total savings from salvage? a $10000 b. $9000 C. $3855 d. $6144 24. If the annual maintenance cost of the machine is $9000 at 10% for 10 years, what is the total cost for maintenance? a. $9000 b. $90000 $3470 d. $55296 25. Based on the Present Worth Analysis, should the company automate the process? a. Yes b. No c. Not enough information to make a decision