8. (Ignore income taxes in this problem.) The management of Mashiah Corporation is considering the purchase of a machine that would cost $365,000, would last for 6 years, and would have no salvage value. The machine would reduce labor and other costs by $117,000 per year. The company requires a minimum pretax return of 10% on all investment projects. Click here to view Exhibit 8B-1 and Exhibit 8B-2 to determine the appropriate discount factor(s) using tables. The net present value of the proposed project is closest to: $181,402 0 $397,000 $144,535 O $271,985