Bramble Corp. owns a garage and is contemplating purchasing a tire retreading machine for $13,820. After estimating costs and revenues, Bramble projects a net cash inflow from the retreading machine of $3,300 annually for 7 years. Bramble hopes to earn a return of 12% on such investments. What is the present value of the retreading operation? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.27541. Round answer to 2 decimal places, e.g. 25.25.) Present value $enter the present value amount in dollars Should Bramble Corp. purchase the retreading machine? Bramble Corp. select an option purchase the tire retreading machine?