Chamu K Ski Shop is contemplating replacing its ski boot foam injection with a new machine. The old machine has been completely depreciated but has a current market value of $3,500. The new machine will cost $20,000 and have a life of 10 years an have no value after this time. The new machine will increase annual revenues by $12,000 and increase annual non-depreciation expenses by $5,000 (Assume a 30% tax rate for all income). At a cost of capital of 12%, what is the NPV of this CF stream? $13526.23 Not Available $714222.50 $2044.87