Angler Corp. is considering purchasing one of two new processing machines. Either machine would make it possible for the company to produce its products more efficiently than it is currently equipped to do. Estimates regarding each machine are provided below: Machine A Machine B Original cost Estimated life Salvage value Estimated annual cash inflows Estimated annual cash outflows $112,600 $267,400 10 years 10 years -0- -0- $29,800 $60,000 $7,500 $15.100 Calculate the net present value and profitability index of each machine. Assume an 8% discount rate. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 2 decimal places e.g. 589.71. Enter negative amounts using either a negative sign preceding the number e.g. -45.35 or parentheses e.g. (45.35).) Machine A Machine B Net present value $ $ Profitability index Which machine should be purchased? Angler Corp. should purchase Angler Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding Machine Cis below: Machine C Original cost Estimated life Salvage value Estimated annual cash inflows Estimated annual cash outflows $251.200 10 years $30,300 $44.800 $10,000 Calculate the net present value and profitability index for Machine C. Use an 8% discount rate. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 2 decimal places e.g. 589.71. Enter negative amounts using either a negative sign preceding the number e.g. -45.35 or parentheses e.g. (45.35).) Net present value $ Profitability index e Textbook and Media Rank the investments based on net present value. Rank Machine A Machine B Machine C Which machine would be chosen based on this calculation? Choose e Textbook and Media Rank the investments based on profitability index. Rank Machine A Machine B Machine C Which machine would be chosen based on this calculation? Choose