Reproductive behaviors have little chance of fossilizing, bu…

Questions

A cоrpоrаtiоn is considering the purchаse of а machine that would cost $160,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $19,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $36,000. The company requires a minimum pretax return of 8% on all investment projects. (Ignore income taxes.)Present Value of $1; 1 ( 1 + r ) nPeriods4%5%6%7%8%9%10%11%12%10.9620.9520.9430.9350.9260.9170.9090.9010.89320.9250.9070.890.8730.8570.8420.8260.8120.79730.8890.8640.840.8160.7940.7720.7510.7310.71240.8550.8230.7920.7630.7350.7080.6830.6590.63650.8220.7840.7470.7130.6810.650.6210.5930.56760.790.7460.7050.6660.630.5960.5640.5350.50770.760.7110.6650.6230.5830.5470.5130.4820.452Present Value of an Annuity of $1 in Arrears; 1 r [ 1 - 1 ( 1 + r ) n ]Periods4%5%6%7%8%9%10%11%12%10.9620.9520.9430.9350.9260.9170.9090.9010.89321.8861.8591.8331.8081.7831.7591.7361.7131.6932.7752.7232.6732.6242.5772.5312.4872.4442.40243.633.5463.4653.3873.3123.243.173.1023.03754.4524.3294.2124.13.9933.893.7913.6963.60565.2425.0764.9174.7674.6234.4864.3554.2314.11176.0025.7865.5825.3895.2065.0334.8684.7124.564The net present value of the proposed project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)