Build Corporation wants to purchase a new machine for $315,000. Management predicts that the machine can produce sales of $213,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $71,000 per year. The firm uses straight-line depreciation with no residual value for all depreciable assets. Build's combined income tax rate is 50%. Management requires a minimum after-tax rate of return of 10% on all investments. What is the net present value (NPV) of the investment, rounded to the nearest whole dollar? (The PV annuity factor for 5 years, 10% is 3.791) Assume that the cash inflows occur at year-end Multiple Choice ($280,122) $73,578 $119,070 $164,562 None of these. 4