5 The management of Penfold Corporation is considering the purchase of a machine that would cost $340,000, would last for 4 years, and would have no salvage value. The machine would reduce labor and other costs by $80,000 per year. The company requires a minimum pretax return of 9% on all investment projects. Click here to view Exhibit 78-1 and Exhibit 78-2 to determine the appropriate discount factor(s) using the tables provided. 10 points The net present value of the proposed project is closest to (Ignore income taxes.): (Round your intermediate calculations and final answer 8 0145:36 to the nearest whole dollar amount.) Multiple Choice O $(80.800) O $(20,800)