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Carla Vista loc manufactures snowsuits. Carla Vistais considering purchasing a new sewing machine at a cost of $2.45 million. Its existing machine was purchased S

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Carla Vista loc manufactures snowsuits. Carla Vistais considering purchasing a new sewing machine at a cost of $2.45 million. Its existing machine was purchased S years agoat a price of $1.8 malion;six months ago, Carla Vista spent $55,000 to keepit operational The existing sewing machine can be sold today for $244,635. The new sewing machine would require a one-time, $85,000 training cost, Operating costs would decrease by the following amounts for years 1 to 7 : The new sewing machine would be depreciated according to the declining-balance method at a rate of 20x. The salvase value is expected to be $379,700. This new equipment would require maintenance costs of $99,500 at the end of the fitth year. The cont of capital is 9%. Click here to view the factor table. Use the net present value method to determine the followingt (if net preient value is negative then enter with nezative sign preceding the number e.g. 45 or parentheses e.g. (45). Round present value answer to 0 decimal places, e.3. 125, For calculation purposes, use 5 decimal places as displayed in the foctor table provided.) Calculate the net present value. Net peesent value

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