9-28 Net present value, internal rate of return, payback period (LO 3. Jewel Pix currently uses a six-year-old molding machine to manufacture silver picture tra The company paid $85,000 for the machine, which was state of the art at the time of Pul ill need a $15,000 over tomer haul in three years. More important, it does not provide enough capacity to meet cus demand. The company currently produces and sells 10,000 frames per year, generating a total contribution margin of $50,000. Martson Molders currently sells a molding machine that will allow Jewel Pix to increase production and sales to 15,000 frames per year. The machine, which has a ten year life, sells for $125,000 and would cost $9,000 per year to operate. Jewel Pix's current machine costs only $7-000 year the old machine could be sold at its book value of $4,000. The new machine is expecte to have a salvage value of $9,000 at the end of its ten-year life. Jewel Pix uses straight-lin 006 per year to operate. If Jewel Pix purchases the new machine depreciation