Barton Company can acquire a $910,000 machine now that will benefit the firm over the next 5 years.

FV of 1 (i = 12%, n = 5):	1.762
FV of a series of $1 cash flows (i = 12%, n = 5):	6.353
PV of $1 (i = 12%; n = 5):	0.567
PV of a series of $1 cash flows (i = 12%, n = 5):	3.605

Annual savings in cash operating costs are expected to total $220,000. If the hurdle rate is 12%, the investment's net present value is:

Multiple Choice

• $(211,800).

• $(116,900).

• $235,510.

• $214,920.

• None of the answers is correct.