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Larson Manufacturing is considering purchasing a new injection-molding machine for $200,000 to expand its production capacity. It will cost an additional $25,000 to d the

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Larson Manufacturing is considering purchasing a new injection-molding machine for $200,000 to expand its production capacity. It will cost an additional $25,000 to d the ste preparation With the new injection-molding machine installed, Larson Manufacturing expects to increase its revenue by $97,000 per year. The machine will be used for seven years, with an expected salvage value of $66.000. At an interest rate of 13%, would the purchase of the in ect on molding machine be us ited? Click the icon to view the interest factors for discrete compounding when ,-13% per year. The present worth of the project is (Round to the nearest dollar )

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