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Better Tires Corp. is planning to buy a new tire making machine for $ 6 0 , 0 0 0 that would save it $

Better Tires Corp. is planning to buy a new tire making machine for $60,000 that would save it $30,000 per year in production costs. The savings would be constant over the project's 3-year life. The machine is to be linearly depreciated to zero and will have no resale value after 3 years.
The appropriate cost of capital for this project is 15% and the tax rate is 21% a. whats the npv of this project? hint: answer is not 63794 or 63795

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