Architect Services, Inc., would like to purchase a blueprint machine for $50,000. The machine is expected to have a life of 4 years, and a salvage value of $10,000. Annual maintenance costs will total $14,000. Annual savings are predicted to be $30,000. The company's required rate of return is 11 percent.

Please answer the following questions:

a. Ignoring the time value of money, calculate the net cash inflow or outflow resulting from this investment opportunity.

b. Find the net present value of this investment.

c. Should the company purchase the blueprint machine? Explain.