Caradoc Machine Shop is considering a four-year project to improve its production efficiency Buying a new machine press for $411.000 is estimated to result in $151,000 in annual pre-tax cost savings. The press falls into Class 8 for CCA purposes (CCA rate of 20% per year), and it will have a salvage value at the end of the project of $55100 The press also requires an initial investment in spare parts inventory of $21,000, along with an additional $3,200 in inventory for each succeeding year of the project. If the shop's tax rate is 35% and its discount rate is 9% Calculate the NPV of this project. (Do not round your intermediate calculations, Round the final answer to 2 decimal places. Omits sign in your response) NPV $ 370894 Should the company buy and install the machine press? Yes O No