Clairmont Corporation Is considering the purchase of a machine that would cost $170,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $19,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $41,000. The company requires a minimum pretax return of 11% on a Investment projects. (Ignore Income taxes In this problem.) Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables The net present value of the proposed project Is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount. $17.197) $16117 $35.000 $(22, 544)