Calculate the NPV of Machine X?

Dunn Manufacturing is considering the following two alternatives. The cost information for the two proposals for replacing an equipment are provided are in table below. Machine X $120,000 $20,000 for the first 10 years and $9,000 for the next 10 years Initial cost Benefits/year Life Salvage value MARR 20 years $40,000 8% Machine Y $96,000 $12,000 per year for 20 years. 20 years $20,000 8%