What is the correct answer and how do I solve this?17

Unequal Lives Filkins Fabric Company is considening the replacement of its old, fully deprecioted kntting machine. Two new models are avalable: Machine 190-3, which his a cost of $225,000, a 3-year expected life, and after-tax cash flows (labor sevings and depreciation) of $95,000 per year; and Machine 360-6, which has a cost of $375,000, o 6-year life, and after-tax cash flows of $104,500 per year. Knitting machine prices are not expected to rise becouse inflation will be offset by cheoper components (microprocessors) used in the mochines. Assume that Filkins's cost of capital is 10%. Calculate the two projects' extended NPVs, Do not round intermediate calculations. Round your answers to the nearest dollar. Mochine 190-3: \$ Machine 360-6: s Should the firm repince its old knitting machine? If so, which new machine should it use? The firm By how much would the value of the Sompany increase if it accepted the better machine? Do not round intermediote calculations. Round your answer to the nealest dollar. s What is the equivalent annual annuity for each machine? Do not round intermediate calculations. Round your answers to the nearest dollar. Mechine 190-3: 5 Machine 360-6: s