Two workstations are being considered by your company. Workstation 1 costs $12 000 new and $1 300… 1 answer below »

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Two workstations are being considered by your company. Workstation 1 costs $12 000 new and $1 300 to operate and maintain each year. Workstation 2 costs $15 000 new and $600 to operate and maintain each year. Assume both will be worthless after six years and that the interest rate is 9.0%. Determine by the equivalent uniform annual cost method which alternative is the better buy.