Below Is a Table for the Present Value of $1

Below is a table for the present value of $1 at compound interest. $$\begin{array} { l l l l } \text { Year } & 6 \% & 10 \% & 12 \% \\\hline 1 & 0.943 & 0.909 & 0.893 \\2 & 0.890 & 0.826 & 0.797 \\3 & 0.840 & 0.751 & 0.712 \\4 & 0.792 & 0.683 & 0.636 \\5 & 0.747 & 0.621 & 0.567\end{array}$$ Below is a table for the present value of an annuity of $1 at compound interest. $$\begin{array} { l l l l } \text { Year } & 6 \% & 10 \% & 12 \% \\\hline 1 & 0.943 & 0.909 & 0.893 \\2 & 1.833 & 1.736 & 1.690 \\3 & 2.673 & 2.487 & 2.402 \\4 & 3.465 & 3.170 & 3.037 \\5 & 4.212 & 3.791 & 3.605\end{array}$$
-The production department is proposing the purchase of an automatic insertion machine. It has identified 3 machines and have asked the accountant to analyze them to determine which of the proposals if any) meet or exceed the company's policy of a minimum desired rate of return of 10% using the net present value method. Each of the assets has an estimated useful life of 10 years. The accountant has identified the following data: $$\begin{array} { | l | l | l | l | } \hline & \text { Machine A } & \text { Machine B } & \text { Machine C } \\\hline \begin{array} { l } \text { Present value of future cash flows } \\\text { computed using } 10 \% \text { rate of }\end{array} &\$305,000 &\$295,000 & \$300,000\\\hline \text { Amount of initial investment } & 300,000 & 300,000 & 300,000 \\\hline\end{array}$$ Which of the investments are acceptable?

A) Machines A & C
B) Machines B & C
C) Machine B only
D) Machine A only