Rib and Wings R Us is considering the purchase of a new smoker over for cooking barbecue, ribs, and wings. It is looking at two different overs. The first is a relatively standard smoker and would cost $50,00, last for 8 years and produce annual cash flows of $16,000. The alternative is the deluxe, award-winning smoke alator, which costs $79,000 and because of its patented humidity control, produces the moistest, tastiest barbecue in the world. The Smoke Alator would last 11 years and produce cash flow of $23,000 per year. Assuming the required rate of return of 10 percent on both projects, compute their equivalent annual annuitiesThe EAA of the standard smoker is _____$ ( Round to the nearest dollar)The EAA of the Smoke- Alator is ____$ ( Round to the nears dollar)Rib and Wins R Us should purchase the ________

Rib and Wings R Us is considering the purchase of a new smoker over for cooking barbecue, ribs, and wings. It is looking at two different overs. The first is a relatively standard smoker and would cost $50,00, last for 8 years and produce annual cash flows of $16,000. The alternative is the deluxe, award-winning smoke alator, which costs $79,000 and because of its patented humidity control, produces the moistest, tastiest barbecue in the world. The Smoke Alator would last 11 years and produce cash flow of $23,000 per year. Assuming the required rate of return of 10 percent on both projects, compute their equivalent annual annuitiesThe EAA of the standard smoker is _____$ ( Round to the nearest dollar)The EAA of the Smoke- Alator is ____$ ( Round to the nears dollar)Rib and Wins R Us should purchase the ________