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Cheche SE comune anche that would 70.000 de end of 52000 The would reduce torty S000 pery Coved the end of years. The Nem should

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Cheche SE comune anche that would 70.000 de end of 52000 The would reduce torty S000 pery Coved the end of years. The Nem should be iced by your intermediate Joanette, Incorporated, is considering the purchase of a machine that would cost $570,000 and would last for 9 years at the end of which, the machine would have a salvage value of $57000. The machine would reduce labor and other costs by $117.000 per year. Additional working capital of $3,000 would be needed immediately, all of which would be recovered at the end of 9 years. The company requires a minimum pretax return of 18% on all investment projects (Ignore income taxes) Click here to view Exhibit 128-1 and Exhibit 128.2. to determine the appropriate discount factor(s) using the tables provided Required: Determine the net present value of the project (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to the nearest whole dollar amount.) Net present value

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