Review Problem $17$ #$12($LO$3)$

A U$-$Print store requires a new photocopier. A Sonapanic copier with a four$-$year service life costs $$35,000$ and will generate an annual profit of $$14,000.$ A higher$-$speed Xorex copier with a five$-$year service life costs $$52,000$ and will return an annual profit of $$17,000.$ Neither copier will have significant salvage value.

If U$-$Print's cost of capital is $6\%,$ which model should be purchased?

Choose the model.