E 1. Machine Inc. is deciding whether to make an investment of $650,000 into a piece of equipment that will provide an annual after-tax cost saving of $170,000 per year for the next 5 years. This equipment can be salvaged for $30,000 at the end of 5 years. Machine Inc.'s appropriate discount rate is 12%. Would you recommend that Machine Inc. make this investment? Why or why not? Show all your work