Hal e. burton hospital can purchase a new machine (to be placed in an undisclosed location) for $1,000,000 that will provide an annual net cash flow of $300,000 per year for five years. the machine will be sold for $100,000 at the end of year five. what is the net present value of the machine if the required rate of return is 11.5%. (round your answer to the nearest $1,000.)