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Angler Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding Machine

Angler Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding Machine C is below: Machine C Original cost $253,300 Estimated life 10 years Salvage value $30,000 Estimated annual cash inflows $45,300 Estimated annual cash outflows $9,900 Calculate the net present value and profitability index for Machine C. Use an 8% discount rate. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 2 decimal places e.g. 589.71. Enter negative amounts using either a negative sign preceding the number e.g. -45.35 or parentheses e.g. (45.35).) Net present value $ Profitability index

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