Cullumber Railroad Co. is about to issue $276,000 of 9-year bonds paying an 10% interest rate, with interest payable annually. The discount rate for such securities is 8%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Cullumber expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) Cullumber can expect to receive $ Carla Vista Googal owns a garage and is contemplating purchasing a tire retreading machine for $28,820. After estimating costs and revenues, Carla Vista projects a net cash inflow from the retreading machine of $4,400 annually for 10 years. Carla Vista hopes to earn a return of 8% on such investments. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the present value of the retreading operation? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ Should Carla Vista Googal purchase the retreading machine? Carla Vista Googal purchase the retreading machine