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2 19 1 point Cole Corporation's management is considering investing in oe purchasing) a new machine costing $490.000 Management's desired rate of return is 10%

2 19 1 point Cole Corporation's management is considering investing in oe purchasing) a new machine costing $490.000 Management's desired rate of return is 10% The present value factors for $1 at compound interest of 10% for 1 through 5 years are 0.909, 0.826.0.751 0 683, and 0.621, respectively. In addition to the foregoing information, use the following data about the income and cash flows that would be produced by the machine in determining the acceptability of this purchase Income from Operations Net Cash A Year 1 $100,000 Elow $180,000 2 $40,000 $120,000 1 3 $20,000 $100,000 4 $10,000 $90,000 5 $40,000 $120,000 The net present value for this investment is 00000 positive $28.290 negative $1 negative $319.370 positive $473,830 positive $36,400

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