Beryl's Iced Tea currently rents a bottling machine for $$53,000$ per year, including all maintenance expenses. It is considering purchasing a machine instead and is comparing two options

a$.$ Purchase the machine it is currently renting for $$165,000.$ This machine will require $$23,000$ per year in ongoing maintenance expenses seven years and that they have a $10-$year life with a negligible salvage value. The marginal corporate tax rate is $30\%.$

Should Bery's Iced Tea continue to rent, purchase its current machine, or purchase the advanced machine? To make this decision, calculate the NPV of the FCF associated with each alternative

The NPV of renting the current machine is $ $($Round to the nearest dollar.$)$