CSM Machine Shop is considering a four-year project to improv efficiency Buying a new machine press for $395,000 is estimated to in annual pretax cost savings. The press falls in the MACRS five-ye Table) and it will have a salvage value at the end of the project of $4 also requires an initial investment in spare parts inventory of $15,00 additional $2,000 in inventory for each succeeding year of the projec rate is 22 percent and its discount rate is 11 percent. What is the project round intermediate calculations and round your answer to 2 decir 32,16.) Net present value