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60 Caradoc Machine Shop is considering a four-year project to improve its production efficiency. Boying a new machine press for $424.000 1 into Class 8

60 Caradoc Machine Shop is considering a four-year project to improve its production efficiency. Boying a new machine press for $424.000 1 into Class 8 for CCA purposes (CCA rate of 20% per year), and it will have a salvage value at the end of the project of 1500 The an additional $4,500 in inventory for each succeeding year of the project. If the shop's taste is 35% and is dit te in % Calculate the NPV of this project. (Do not round your intermediate calculations. Round the final answer to 2 decimal places, Omit 1 sign in your m 1 points The pimage text in transcribed

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