You are evaluating two different silicon wafer milling machines.The Techron I co

You are evaluating two different silicon wafer milling machines.The Techron I costs $264000 has a three-year life and has pretaxoperating costs of $71000 per year. The Techron II costs $460000has a five-year life and has pretax operating costs of $44000 peryear. For both milling machines use straight-line depreciation tozero over the projects life and assume a salvage value of $48000.If your tax rate is 34 percent and your discount rate is 8 percentcompute the EAC for both machines.