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Incognito Company is contemplating the purchase of a machine that provides it with cash savings of $92,000 per year for five years. Interest is 10%.

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Incognito Company is contemplating the purchase of a machine that provides it with cash savings of $92,000 per year for five years. Interest is 10%. Assume the cash savings occur at the end of each year. Required: Calculate the present value of the cash savings. Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of \$1, PV of 51 . EVA of S1, PVA of \$1, EVAD of $1 and PVAD of $11

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