Barton Company can acquire a $900,000 machine now that will benefit the firm over the next 6 years.

FV of 1 (i=8%, n=6): 1.587

FV of a series of $1 cash flows (i=8%, n=6): 7.336

PV of $1 (i=8%; n = 6): 0.630

PV of a series of $1 cash flows (i=8%, n=6): 4.623

Annual savings in cash operating costs are expected to total $190,000. If the hurdle rate is 8%, the investment's net present value is:

a) $44,970.

b) $(21,630).

c) $(181,800).

d) $184,920.

e) None of the answers is correct.