Clairmont Corporation is considering the purchase of a machine that would cost $220,000 and would last for 6 years. At the end of 6 years, the machine would have a salvage value of $21,500. By reducing labor and other operating costs, the machine would provide annual cost savings of $46,000. The company requires a minimum pretax return of 10% on all investment projects. (Ignore income taxes in this problem.) Click here to view Exhibit 138-1 and Exhibit 138-2. to determine the appropriate discount factor(s) using table. 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.) Multiple Choice $(7,544) $16,464 Multiple Choice $(7,544) $16,464 $56,000 \$(22891)