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38 A company can buy a machine that is expected to have a three-year ife and a $46,000 salvage value. The machine will cost $1,850,000

38 A company can buy a machine that is expected to have a three-year ife and a $46,000 salvage value. The machine will cost $1,850,000 and is expected to produce a $20.000 anal income to be received at the end of each year Annual deprecation expense is $614,000 per year a table of present values of $1 at 12% shows values of 08929 for one year. 07972 for two years, and 07 for three years, what is the net present values of the cash flows from the investment decounted i A company can buy a machine that is expected to have a three year ite and a $46.000 salvage value. The machine will cost $850,000 and is expected to produce a $29,000 annual income to be received at the end of each year Annual depreciation expense is $14.000 per year a table of present values of $1 at 12% shows values of 0.8929 for one year 07972 for two year of the cash flows from the investiment, discounted at 12% Mutole Chica 50320 $633.537 SOGLE 40 $3336320

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