Assume that a company purchased a new machine for $25,000 that has no salvage value. The machine is expected to save the company 56,000 a year in cash operating costs for seven years. The company also expects the machine to provide annual intangible benefits that are difficult to quantify. 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 14B-1 and Exhibit 148_2. to determine the appropriate discount factors) using the tables provided Multiple Choice $1481 $2311 5171 $1541