Big Rock Brewery currently tents a bottling machine for $55,000 per year, including all maintenance expenses. The company is considering purchasing a machine instead and is comparing two alternate options, option as to purchase the machine it is currently renting for $150,000, which will require $21,000 per year in ongoing maintenance expenses, or option b, which is to purchase a now more advanced machine for $260 000, which will require $10,000 per year in ongoing maintenance expenses and will lower botting costs by $10,000 per year Also, $40,000 will be spent upfront in training the new operators of the machine. Suppose the appropriate discount rate is 9% per year and the machine is purchased today Maintenance and bottling costs are paid at the end of each year, as is the rental of the machine Assume also that the machines are subject to a CCA rate of 30% and there will be a negligible salvage value in 10 years' time (the end of each machine's life). The marginal corporate tax rate is 30% Should Big Rock Brewery 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. (Note the NPV will be negative, and represents the PV of the costs of the machine in each case.) The NPV (rent the machine) is (Round to the nearest dollar)