Assume that a company purchased a new machine for $24,250 that has no salvage value the machines expected to save $6,000 a year in cash operating costs for seven years. The company also expects the machine to provide and intangib difficult to quantify Assuming the company's hurdle rate is 24%, the minimum value of the intangible Denetits that would be this investment acceptable is closest to Click here to view Exhibit 14B 1 and Exhibit 14B-2. to determine the appropriate discount factors) using the tables provided 4:41 Multiple Choice $2,080 $1,480