takeAssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator assignment-take&inprogress failse Print tem and Present Value Index 90% Equipment Company is considering an investment in one of two machines. The sewing machine will increase sewing 234 per hour. The contribution margin is $0.46 packing machine for the golf ball $280,400, have a seven-year life, and will per baseball. Assume that any increased production of basebals can be sold. The second machine is an automatic line. The packing machine will reduce hours per productivity from sewing 130 baseballs per hour to ne. The packing machine will reduce packing labor cost. The labor cost saved is equivelent to $19 per hour The sewing machine wil o operate for 1,400 hours per year. The packing machine will cost $91,000, have a seven-year life, and will operate for 1,200 hours Present Value of an Annuity of $1 at Compound on its Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.60s 3.353 2.991 4.917 4.355 4.111 3.78s 3.326 5.582 4.868 4564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.3606.145 5.650 5.019 4.192 for the two machines. Use the table of present values of an annuity of s1 above. Round to the nearest