A division of Crane city, Highlands manufacturing it's considering purchasing a machine for 1,470,000 that automates the process of inserting electronic components onto onto computer motherboards the annual cost of operating the machine will be 49,000 but it will save the company 363,000 in labor costs each year the money the machine will have a useful life of 10 years and it's salvage value in 10 years is estimated to be 294,000 however, for tax purposes the initial purchase price of the machine will be depreciated straight line to zero if the marginal corporate tax rate is 32% and the appropriate discount rate is 12% what is the MPV of this project?