Question: Answers only please. Tim Smunt has been asked to evaluate two machines. After some investigation, he determines that they have the costs shown in the

Answers only please.  Answers only please. Tim Smunt has been asked to evaluate two
machines. After some investigation, he determines that they have the costs shown
in the following table: Original Cost Labor per year Maintenance per year
Salvage value Machine A $10,000 $2,200 $4,300 $2,400 Machine B $20,000 $4,000
$1,000 $7,500 He is told to assume that: 1. The life of

Tim Smunt has been asked to evaluate two machines. After some investigation, he determines that they have the costs shown in the following table: Original Cost Labor per year Maintenance per year Salvage value Machine A $10,000 $2,200 $4,300 $2,400 Machine B $20,000 $4,000 $1,000 $7,500 He is told to assume that: 1. The life of each machine is 3 years. 2. The company thinks it knows how to make 8% on investments no more risky than this one. 3. Labor and maintenance are paid at the end of the year The NPV for Machine A round your response to the nearest whole number and include a minus sign if necessary)

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