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Question 36 1 pts The meat department of Hy-vee Inc. needs a new cutting machine....

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Question 36 1 pts The meat department of Hy-vee Inc. needs a new cutting machine. There are two models available in the market. The price of the first model is $10,000, and the machine can be used for 5 years. The price of the second model is $15,000, and the machine can be used for 8 years. Suppose the machine will be straight-line depreciated without salvage value. The marginal tax rate of the company is 35%, and the discount rate is 12%. Which model should the company choose choose the first model because it has a lower annual cost of $2000. choose the first model because it has a lower annual cost of $2074.1. choose the second model because it has a lower annual cost of $1875. choose the second model because it has a lower annual cost of $2363.29. indifferent between the two models because the cost is the same

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