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Almendarez Corporation is considering the purchase of a machine that would cost $ 1 3 0 , 0 0 0 and would last for 5

Almendarez Corporation is considering the purchase of a machine that would cost $130,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $19.000. 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 13% on all investment projects. (lgnore income taxes.)
Click here to view Exhibit 12B-1 and Exhibit 12B-2 to determine the appropriate discount factor(s) using the tables provided.
The net present value of the proposed project is closest to: (Round your Intermedlate calculations and final answer to the nearest whole dollar amount)
Multule Cholce
$(3.622)
$(35.000)
$(18,969)
$12542
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