Crane Manufacturing is considering the purchase of new computerized equipment. The machine costs $107100 and would generate $27720 in annual cost savings over its 5-year life. At the end of 5 years, the equipment would have a $6300 salvage value. Crane's required rate of return is 16%. Click here to view the factor table. Using the present value tables, the machine's net present value is nearest (round to the nearest dollar) $13337.$138600$90764$16336 Crane Manufacturing is considering the purchase of new computerized equipment. The machine costs $107100 and would generate $27720 in annual cost savings over its 5-year life. At the end of 5 years, the equipment would have a $6300 salvage value. Crane's required rate of return is 16%. Click here to view the factor table. Using the present value tables, the machine's net present value is nearest (round to the nearest dollar) $13337.$138600$90764$16336