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Almendorez Corporation is considering the purchase of a machine that would cost $190.000 and would last for 10 years. At the end of 10 years,

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Almendorez Corporation is considering the purchase of a machine that would cost $190.000 and would last for 10 years. At the end of 10 years, the machine would have a salvage value of $16,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $32,000. The company requires a minimum pretax return of 13% on all investment projects. Ignore income taxes.) The net present value of the proposed project is closest to: Multiple Choice $(11,648) O $126,995) $(130,000) O $20.568

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