You are trying to choose between purchasing one of two machines for a factory. Machine A costs $$15,500$ to purchase and has a three$-$year life. Machine B costs $$17,300$ to purchase but has a four$-$year life. Regardless of which machine you purchase, it will have to be replaced at the end of its operating life. Assume a marginal tax rate of $21$ percent and a discount rate of $15$ percent.

Calculate the equivalent annual costs $($EAC$)$ of each machines. $($Do not round intermediate calculations.

Round answers to $2$ decimal places, e$.$g$.5,275\mathrm{.}25.)$

Equivalent Annual

Cost $($EAC$)$ of machine A

Equivalent Annual

Cost $($EAC$)$ of machine B

$$

$$

Which machine should you choose?

You should choose