Kassy	Sam	Irene
Cost of New Machine	$4,500,000	$4,600,000	$4,700,000
Estimated Useful Life	9 Years	9 Years	9 years
Operating Costs each year	$50,000	$50,000	$40,000
Warranty covers years 1-4
Maintenance Years 5-10	$15,000	$35,000	$15,000
Training for employees	$25,000	$45,000	$35,000
Expected revenues generated years 1-3	$800,000	$700,000	$800,000
Expected revenues generated years 4-6	$600,000	$600,000	$700,000
Expected revenues generated years 7-10	$400,000	$500,000	$600,000
Estimated Salvage Value	$50,000	$10,000	$25,000
Use straight-line depreciation
to include tax savings from depreciation
Tax rate 20%

IRR _______

NPV________