A machine that costs $1,500,000 has a 3 -year life. It will generate annual cash flows of $700,000 at the end of each year. It will have a salvage value of $200,000 at the end of year 3. If your required rate of return for the project is 13%, what is the NPV of this investment? $291,417 $338,395 5600,000 $400,000