Blue Sky Corporation is evaluating the proposed acquisition of a new production machine. The machine's base price is $260,000, and installation costs would amount to $20,000. An additional $12,000 in net working capital would be required at installation. The machine has a class life of 2 years. The machine would save the firm $150,000 per year in operating costs. The firm is planning to keep the machine in place for 2 years. At the end of the second year, the firm plans to sell the machine for $100,000. The firm has a required rate of return on investment projects of 10% and a marginal tax rate of 21%. What is the NPV of the project?

Group of answer choices

$14,759

$104,705

$169,627

$39,893

$23,570