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Blossom Manufacturing is considering the purchase of a newing machine that costs $ 2 3 2 0 0 . The machine, because of its efficiency,

Blossom Manufacturing is considering the purchase of a newing machine that costs $23200. The machine, because of its efficiency, will save about $4960 in cost each year. The machine is expected to have a salvage value of $3720 and a life of 6 years. Blossom's required rate of return is 12%.
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Using the present value tables, what is the machine's net present value? (round to the nearest dollar)
$-922
$1885
$29760
$19480
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