HW HELP

Managerial Accounting

(Net Present Value)

* ATTACHED FILE BELOW *

The management of Urbine Corporation is considering the purchase of a machine that would cost $360,000 would last for 10 years, and would have no salvage value. The machine would reduce labor and other costs by $50,000 per year. The company requires a minimum pretax return of 9% on all investment projects. (Ignore income taxes in this problem.) Click here to view Exhibit 13B1 and Exhibit 13B2 to determine the appropriate discount factor(s) using tables. The net present value of the proposed project is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.)