Copr. Goedl UFacture is considering a new stamping machine. The machine costs $225,000. The new machine can be used to generate $66,000 in annual revenue. Cash operation expenses are estimated to be $24,000 per year. The machine has a useful life of 10 years and annual depreciation expense would be $20,500. The machine has an approximate salvage value of $20,000 at the end of its useful life. The company has a 12% minimum rate of return. The net present value of this investment is: