Anthony, LTD. purchased a duplicating machine for $15,000. This machine qualifies as a five-year recovery asset under MACRS. The company has a tax rate of 33%. The MACRS depreciation rates are as follows: Year 1: 20%, Year 2: 32%, Year 3: 19.2%, Year 4: 11.52%, Year 5: 11.52%, Year 6: 5.76%. The company sells the machine at the end of four years for $4,000. The after tax salvage value is $3,535.36. What is the NPV of the MACRS method for the machine? The company's WACC is 8%.

Note: The correct answer is NPV=-8953.11 (with initial outlay of $15,000 included). or NPV= 6046.89 (without initial outlay), I want to know how to get to these answers please, i.e. show your work please.