Almendarez Corporation is considering the purchase of a machine that would cost $201,500 and would last for 7 years. At the end of 7 years, the machine would have a salvage value of $26,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $33,000. The company requires a minimum pretax return of 7% on all investment projects. (Ignore income taxes.) Use the Present Value Tables Exhibit 14B-1 and Exhibit 148-2 posted on Canvas to determine the appropriate discount factor(s) using the tables provided. The net present value of the proposed project is closest to: Multiple Choice $7,465) $(5,965) $5,965 $7.465 KktibliT 14d1