2. Our company must replace an obsolete machine press. We have two bids, summarized below, to consider. Our company uses an after-tax MARR of 10% and CCA system for tax and falls in the 38% total income tax bracket with 20% per year for depreciation. Select the most economical alternative using after-tax analysis. A B Useful Life (years) 5 5 Initial Cost $60,000 $75,000 75,000 first year 70,000 first year Annual Operating Cost and increases by and increases by $5,000 each year 5% per year Salvage Value 0 5000 2. Our company must replace an obsolete machine press. We have two bids, summarized below, to consider. Our company uses an after-tax MARR of 10% and CCA system for tax and falls in the 38% total income tax bracket with 20% per year for depreciation. Select the most economical alternative using after-tax analysis. A B Useful Life (years) 5 5 Initial Cost $60,000 $75,000 75,000 first year 70,000 first year Annual Operating Cost and increases by and increases by $5,000 each year 5% per year Salvage Value 0 5000