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Vandalay Industries is considering the purchase of a new machinefor the production of latex. Machine A costs $2,400,000 and willlast for 5 years. Variable costs are 33 percent of sales, and fixedcosts are $180,000 per year. Machine B costs $4,450,000 and willlast for 7 years. Variable costs for this machine are 26 percent ofsales and fixed costs are $91,000 per year. The sales for eachmachine will be $8.9 million per year. The required return is 10percent and the tax rate is 35 percent. Both machines will bedepreciated on a straight-line basis. Required:(a)If the company plans to replace the machine when it wears out ona perpetual basis, what is the EAC for machine A? (Do notround your intermediate calculations.)(Click toselect)$-4,045,147.5$-9,443,471.36$-2,491,163.95$3,293,836.05$-4,470,952.5 (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.)