Blackboard Remaining Time: 1 hour, 07 minutes, 45 seconds Less than half of the time remains Question Completion Status: Question 8 10 points Svenser Your company is interested in investing in a new machining center to meet increased demand for the next ten years. However, the purchase price is still being negotiated. The new center is expected to generate $10,000 in new revenue in its first year of use. As demand increases revenue is expected to increase annually by $5,000 each year (i.e. each year is an increase over the previous year's revenue). in years 2 through 9. At the end of the 9th year, you expect to have to replace the equipment with newer technology and expect to have a salvage value of 10% of the purchase price. Further, you anticipate that the machine will need to be fully overhauled every 4 years to keep it in peak condition. The cost for each overhaul is expected to be $7,500. If you expect to have a net present worth of $100,000 for this investment opportunity, which of the following best represents the maximum investment that your company should be prepared to make? Assume that MARR is 119. E 320 Formula Sheet_01272017.pdf Interest Tables.pdf $138,936 $144,588 $37,650 0.540,520