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(Ignore income taxes in this problem) Your Corporation is investigating buying a new machine. It would have a useful life of 6 years. The company

(Ignore income taxes in this problem) Your Corporation is investigating buying a new machine. It would have a useful life of 6 years. The company uses a discount rate of 9% in its capital budgeting. The net present value of the investment, excluding the salvage value of the machine, is ($116,220). Management is having difficulty estimating the salvage value of the of the machine. To the nearest whole dollar how large would the salvage value need to be to make the investment financially attractive?

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