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Blast Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $313,000 and has an estimated useful life of

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Blast Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $313,000 and has an estimated useful life of 10 years with zero salvage value. Management estimates that the new bottling machine will provide net annual cash flows of $50,150. Management also believes that the new bottling machine will save the company money because it is expected to be more reliable than other machines, and thus will reduce downtime. Assume a discount rate of 10%. Present value factor of cash inflows for 10 years is 6.145. Round net present value to 0 decimal place such as 20. For any negative net present value, use either a negative sign preceding the number as -30 or parentheses as (30). Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar sign. (a) Calculate the net present value. Net Present Value $ (b) Should the company accept the project? Yes or No (Write yes or no) (c) How much would the reduction in downtime have to be

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