Problem 9-18 Beryl's Iced Tea currently rents a botting machine for $50,000 per year, inchading all maintenance expenses. It is considering purchasing and instead and is comparing two options 2. Purchase the machine it is currently renting fox 5150,000. This machine will require $20,000 per year in gong mince espeses b. Purchase a new, more advanced machine for $250,000. This machine will require $15,000 per year in ongoing mace expenses and will lower bottling costs by $10,000 per year. Also, $35.000 will be spent upfront string the new operators of the machine Suppose the appropriate discount rates 8% per year and the machine is purchased today. Maintenance and bottling costs are paid at the end of each year, as is the rental of the machine. Assume also that the machines will be deprecated in the straigheane method over seven years and that they have 2 10-year life with a negible salvage value. The marginal corporate tax rate is 21%. Should Beryl's Iced Teace to rent purchases comment machine, or purchase the advanced machine? Complete the steps below rising cell references to gruan data or previous calculations. In some cases, a simple el reference is all you need to copy paste a formula across a row or down a colum, an absolute cell reference or a red cell reference may be preferred facile del function is to be used the directions will specify the use of the function Do nortype in numerical data into a cell or function Reseadica reference to the cell in which the data is found Make your computanons anly the blue cells highlighted below. In all cases, mechese directed the earliest appearance of the data in your formulas wally the Give Date