Bobloblaw Manufacturing is considering the purchase of an automated parts handler for the assembly and test area of its Pittsburgh, PA, plant. The handler will cost $250,000 to purchase and another $10,000 to install. If the company undertakes the investment, it will automate part of the semiconductor and test area, reducing operating costs by $70,000 per year for the next ten years. Five years into the life of the project, however, Bobloblaw will have to spend an additional $100,000 to update and refurbish the handler. The handler will be depreciated straight-line to zero over 10 years, and the additional investment (refurbishing costs) will also be depreciated straight-line to zero over the last 5 years of the project. After 10 years, the handler is expected to be worth $5,000 to a buyer of these used machines. Bobloblaw's tax rate is 30