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 $114,300 $271,000 Estimated life 10 years 10 years Salvage value $29,700 $59,400 Estimated annual cash Inflows Estimated annual cash outflows $7,600 $14,800 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 1.25 124 and the final answer to 2 decimal places eg. 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 Proftability index Which machine should be purchased? Angler Corp. should purchase