Clairmont Corporation is considering the purchase of a machine that would cost $200,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $20,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $44,000. The company requires a minimum pretax return of 8% on all investment projects. Ignore income taxes in this problem.) Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table The net present value of the proposed project is closest to (Round discount factors) to 3 decimal places, Intermediate and final answers to the nearest dollar amount.) $19,608 O $110.688) O $126,035) $20,000 Check my work