Yemen Company is considering the purchase of a machine with the following data: Initial cost: One-time training cost: Annual maintenance costs: Annual cost savings: Salvage value The cash payback period is $160,000 22.000 7,500 62,500 20.000 O 3.31 years. 02.13 years. 2.91 years. 0 2.43 years. Steemers, Inc. is considering purchasing equipment costing $60,000 with a 6-year useful life. The equipment will provide cost savings of $14,600 and will be depreciated straight-line over its useful life with no salvage value. Steemers requires a 10% rate of return. Present Value of an Annuity of 1 8% 9% 10% Period 11% 12% 15% 6 4.623 4.486 4.355 4.231 4.111 3.784 What are the approximate discounted cash flows of this investment? Because of rounding, answers will differ slightly based on whether excel is used to determine the answer or the present value tables are used. Choose the answer that is closest to the answer you calculated. O $3,583 O $107.139 O $87.600 O $63.587