(ignore Income taxes in this problem.) Sibble Corporation is considering the purchase of a machine that would cost $350,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $52,000, By reducing labor and other operating costs, the machine would provide annual cost savings of $79,000. The company requires a minimum pretox return of 12% on all investment projects. The net present value of the proposed project is closest to Multiple Choice $65.205 -$13.205 $44792 -$35,721