12 Information for two alternative projects involving machinery investments follows. Project 1 requires an...

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Accounting

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Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $135,000. Project 2 requires an initial investment of $98,000. Assume the company requires a 10% rate of return on its investments. (PV of $1. FV of $1. PVA of $1, and FVA of $1)
Note: Use appropriate factor(s) from the tables provided.
\table[[7.69,Annual Amounts,],[points,Sales of new product,],[Expenses,,],[Materials, labor, and overhead (except depreciation),,],[Skipped,Depreciation-Machinery,$100,000
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