Baird Bros. Construction is considering the purchase of a machine at a cost of $124,000. The machine is expected to generate cash flows of $20,500 per year for fourteen years and can be sold at the end of fourteen years for $10,200. The discount rate is 11% Assume the machine would be paid for on the first day of year one, but that all other cash flows occur at the end of the year. Ignore Income tax considerations, a. Calculate the present value of net cash flows. (FV of $1. PV of S1, EVA of $1 and PVA of $1. (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round final answer to the nearest whole dollar) 56 Proson value of net cash flows b. Should Baird Bros. Construction purchase the machine? Yes NO