You have been working as the general manager in the development department for Nabisco Co. and your department has been developing the peanut butter with better ingredient in this year. For this issue, it has been discussed to introduce new type of peanut picker machines in production for the better peanut butter. Through the screening process, two models are selected and the following is associated information on two new peanut picker machines being considered for use.PUM is introduced by the department of Cookie and Carter by the department of Candy. Your job is to choose the best machine and to report your decision to the top management. Your choice on machine will be based on the tools for capital budgeting that we learned in the Financial Management class. WACC (Required rate of return) is 10%. Relevant information is as below. YEAR CASH FLOW: PUM CASH FLOW: CARTER 0 - $2,870 - $4,018 $1,513 $378 2 $1,452 $951 3 $870 $2,588 4 $310 $2,952 5 $350 $589 1 Pre-determined payback period for PUM is 2 years and that for Carter is 3 years. NPV for Carter is Round your answer to the nearest cents. IRR for PUM is Round your answer to TWO decimals in % Payback period for PUM is . Round your answer to TWO decimals. Between PUM and Carter, what will you choose based on NPV