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CB340 Name and Student t: Capital Budgeting We are comsidering the purchase of a machine that will cost $10,000 and increace profits by $4,000 cach

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CB340 Name and Student t: Capital Budgeting We are comsidering the purchase of a machine that will cost $10,000 and increace profits by $4,000 cach year ower its 5 year useful life. There is no salvage value on the machine at the end of five years. Depteciation will be 51.000 per year and is not included in the profit listod above. The compuny's coest of capital is 8% 1) Calculace the Net Present Value

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