You are the CFO for a small manufacturing company. The plant manager has brought you proposals for two pieces of machinery that he says will improve the company's cash flows. Machine I has an economic life of 4 vers and Machine 2 has an economic life of 6 years. The cash flows for the two options are listed below. Time Cash Flow Machine 1 Estimated Cash Flows ($98,490.54) $1,500,000 $1,000,000 1 $800,000 $450,000 Time Cash Flow Machine 2 Estimated Cash Flows (544,639.73) $1,600,000 $1,100,000 $1,000,000 $700,000 $500,000 $250,000 Assume that your discount rate is 10%. Use the Equivalent Annual Annuity (EAA) method to determine which project is the best investment. (8 pts) ANSWER HERE Show work in Space Below