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Exam 3 Chapters 10, 11, 12,33 o Help Save&Exit Sulbmit management of Penfold Corporation is considering the purchase of a machine that would cost $320,000,

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Exam 3 Chapters 10, 11, 12,33 o Help Save&Exit Sulbmit management of Penfold Corporation is considering the purchase of a machine that would cost $320,000, would last for s have no salvage value. The machine would reduce labor and other of t2% on all investment projects. costs by $75,000 per year. The company requires a minlmum pretax return Click here to view Exhibit 138-1 and Exhibit 138-2 to determine the appropriate discount factorts) using the tables provided. polnts The net present value of the proposed project is closest to (ignore income taxes?(Round your Intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $(72,305) $(9,625)

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