50. A company is trying to decide whether it should purchase a new machine. The machine costs $150,000. The new machine will generate revenues of $100,000 per year. The variable costs associated with the new machine are $40,000 per year. The machine has an expected life of 4 years. The tax rate is 0%. The expected salvage value in 4 years is $50,000. The machine will be depreciated from $150,000 to $50,000, on a straight line basis over the next 4 years. The discount rate is 15%. What is the NPV associated with the investment? a) $47,402.93 b) $19,367.81 c) $49,886.36 d) $182,086.83 e) $150,000.00