Assume that a company purchased a new machine for $24.750 that has no salvage value. The machine is expected to save the company $6,000 a year In cash operating costs for seven years. The company also expects the machine to provide annual intangible benefits that are difficult to quantity Assuming the company's hurdle rate is 24%, the minimum value of the intangible benefits that would be required to make this investment acceptable is closest to Click here to view Exhibit 148-1 and Exhibit 148.2. to determine the appropriate discount factors) using the tables provided, Multiple Choice $1404 $1464 $2.234 $1634