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Almendarez Corporation is considenng the purchase of a machine that would cost 5210,000 and would last for g years At the end or 8 years,

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Almendarez Corporation is considenng the purchase of a machine that would cost 5210,000 and would last for g years At the end or 8 years, the machine would have a salvage value of $20,000 By reducing ibbot and other operating costs, the machine would provide annual cost ssvings of $34,000 The company requlres a mininum pretax return of a\%. on aili investment projects (lgnore income taves) Cick here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using the tables provided The net presert value of the proposed project is closest to (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Mitple thoice (3i 802) 512722 162000 scistew

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