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Find the net present value of a revolute configurated robot. The cost of the robot is $50,000 The projected cash flows savings in labor are

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Find the net present value of a revolute configurated robot. The cost of the robot is $50,000 The projected cash flows savings in labor are $13,000 for year one and $20,000 for years 2 through 4. You will not use the robot after year 4. In addition, at the end of year five, you plan to sell the machine for a scrap value of $5,000. You company uses an interest rate hurdle rate of only 12%. (Hint: Take the cash flow at the end of the year) (Give answer in whole dollars. No decimals are needed.)

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