A company needs to purchase a new processing machine for their western facility. The following data has been collected regarding the 2 options of machines they have to choose from. The company has an implied interest rate ot12%. a. To purchase machine 'A', $200,000 cash will be paid immediately. For the remaining amount owed. annuity payments of $16,400 will be made at the end of each month for the next 2 1/2 years. The machine will be used for an estimated 10 years and will have a salvage value of $25,000 at that time. In addition, the machine will need annual maintenance for each of the 10 years it is in use. The maintenance will cost $1.500 each year and will be paid at the end of each year. b. To purchase machine '8', the company will enter into a 40 month contract which requires annuity payments of $20,600 to be paid at the end of each month. The machine will also be used for an estimated 10 years and will have a salvage value of $15,000 at that time. Machine rB' will need annual maintenance forthe 10 year it is in use. The maintenance will cost $1,200 each year and will be paid at the end of each year. Required: Which machine should the company purchase? Show all calculations for support of your