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Vandalay Industries is considering the purchase of a new machinefor the production of latex. Machine A costs $1,930,000 and willlast for 6 years. Variable costs are 38 percent of sales, and fixedcosts are $129,000 per year. Machine B costs $4,210,000 and willlast for 10 years. Variable costs for this machine are 30 percentof sales and fixed costs are $130,000 per year. The sales for eachmachine will be $8.42 million per year. The required return is 10percent and the tax rate is 35 percent. Both machines will bedepreciated on a straight-line basis. Required:(a)If the company plans to replace the machine when it wears out ona perpetual basis, what is the EAC for machine A? (Do notround your intermediate calculations.)(Click toselect)$-3,781,956.33$-2,494,148.91$-10,862,668.73$-4,180,057$2,978,851.09 (b)If the company plans to replace the machine when it wears out ona perpetual basis, what is the EAC for machine B? (Do notround your intermediate calculations.)