Also need:

NPV of current machine

NPV of NPV of Advanced machine

Which one to purchase

Beryl's Iced Tea currently rents a bottling machine for $55,000 per year, including all maintenance expenses. It is considering purchasing a machine instead, and is comparing two options: a. Purchase the machine it is currently renting for $160,000. This machine will require $23,000 per year in ongoing maintenance expenses. with each alternative. Note: the NPV will be negative, and represents the PV of the costs of the machine in each case. The NPV of renting the machine is $. (Round to the nearest dollar. Enter a negative NPV as a negative value.)