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You are trying to choose between purchasing one of two machines for a factory. Machine A costs $15,600 to purchase and has a threeyear life. Machine B costs $17.900 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 35 percent and a discount rate of 12 percent: Calculate the equivalent annual costs (EAC) of each machines. (Do not round intermedlate calculations. Round answers to 2 decimal places, es. 15.27.] Equivalent Annual Cost (EAC) of machine A Equivalent Annual Cost (EAC) of machine B Which machine should you choose? You should choose You are trying to choose between purchasing one of two machines for a factory. Machine A costs $15,600 to purchase and has a threeyear life. Machine B casts $17,900 to purchase but has a four year life. Regardless of which machine you purchasc, it will have to be replaced at the end of its operating life. Assume a marginal tax rate of 35 percent and a discount rate of 12 percent. Calculate the equivalent annual costs (EAC) of each machines. (Do not round intermediate calculations. Round onswers to 2 decimal ploces, es. 15.27. Equivalent Anmual Cost (EAC) of machine A $ Equivalent Annual Cost (EAC) of machine B Which machine shi

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