A-15 Compute Net Present Value; Compare to Accounting Income f years Lucas Company is considering investing in a new machine. The machine costs $16,800 and has an economic life of five years. The machine will generate cash flows of $4,000 (cash revenues less cash expenses) each year. All cash flows, except for the initial investment, are realized at the end of the year. The investment in the the first year. Lucas o th i straight-line depreciation over Required a. Calculate the accounting income for the total over five years. nting income b. Compute the NPV of the cash flows over five years. (Round PV factor to 3 decimal places. Negative amount should be indicated by a minus sign.) t present value