3. The management of O Company, a wholesale distributor of suntan products, is considering the purchase of a $25,000 machine that would reduce operating costs in its warehouse by $4,000 per year. At the end of the machine's 10-year useful life, it will have no scrap value. The company's required rate of return is 12%. a. Determine the net present value of the investment in the machine. Show all computations to earn full points and round to the nearest dollar. b. Would purchasing this machine be a wise financial investment? Why