3 Sit Tight ltd the company manufacturing chairs is considering the purchase of machine for R. 65000. The expected cash flow generated by machine are as follow: YEAR 1 2 3 4 5 CASH FLOW 13,000 18,000 19,000 14,000 9,000 After the 5 year period the machine is expected to have the scrap value of R.5000. The company require rate of return is 7% Advise the sit Tight ltd on whether on not it should purchase the machine. Base your answer on net present value of the information