Heritage Foods is planning to purchase a new packaging machine. Details are:

1. Sale value of current machine: $70,000
2. Cost of new machine: $210,000
3. Additional working capital: $55,000
4. Expected annual cash inflows:
   • Year 1: $55,000
   • Year 2: $145,000
   • Year 3: $145,000
5. Machine lifespan: 3 years
6. Required rate of return: 9%

Calculate the NPV and make a recommendation on the investment.