Office Automation, Inc., must choose between two copiers, the XX40 or the RH45. The XX40 costs $2,400 and will last for three years. The copier will require a real aftertax cost of $160 per year after all relevant expenses. The RH45 costs $2,900 and will last five years. The real aftertax cost for the RH45 will be $255 per year. All cash flows occur at the end of the year. The inflation rate is expected to be 5 percent per year, and the nominal discount rate is 12 percent. Which copier should the company choose?