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Kingbird Botting Corporation is considering the purchase of a new bottling machine. The machine would cost $200,000 and has an estimated useful life of eight

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Kingbird Botting Corporation is considering the purchase of a new bottling machine. The machine would cost $200,000 and has an estimated useful life of eight years with zero salvage value. Management estimates that the new bottling machine will provide net annual cash flows of $39,500. Management also believes that the new machine will save the company money because it is expected to be more rellable than other machines, and thus will reduce downtime. Assume a divcount rate of 12W. Click here to view the factor table. Catculate the net present value, (if the net present value is nggotive, use either a negotive sign preceding the number eg, 45 or parentheses e.9. (45). For calculotion purposes, use 5 decimal ploces as displayed in the factar table provided, eg. 125124, Round present value answer to 0 decimel ploces, es, 1,250. How musti woxld the rebluction is downtime fave to be worth in ordier fon the project to be acceotable

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