1. 2 PSH Inc., is considering the purchase of a machine that would cost $300,000 and would last for 6 years. 3 At the end of 6 years, the machine would have a salvalge value of $51,000. 4. The machine would generate annual net inflow of $86,000 for six years. 3. Additional working capital of $10,000 would be needed immediately. All of this working capital would be 6 recovered at the end of the life of the machine. The machine is expected to require a repair costing $30,000 at the end of year3. 7 The company's required rate of return is 12%. Calculate the Net Present Value. Show your work. \begin{tabular}{|r|r|r|} \hline & & \\ \hline 9 & Cost of equipment & $300,000 \\ 10 & Working capital needed & 10,000 \\ \hline 11 & Repair of equipment in 3 years & 30,000 \\ \hline 12 & Salvage value of the equipment in 6 years & 51,000 \\ \hline 13 & Annual net cash inflows for 6 years & 86,000 \\ \hline 14 & Discount Rate & 12% \\ \hline \end{tabular} Table PV-2 Present Values of An annuity of S1 to Be-Received Periodically for n Periods