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Lofting Snodbury is considering investing in a new boring machine. It costs $395,000 and is expected to produce the following cash flows: 10 51 If

image text in transcribed Lofting Snodbury is considering investing in a new boring machine. It costs $395,000 and is expected to produce the following cash flows: 10 51 If the cost of capital is 11%, what is the machine's NPV? Note: Do not round intermediate calculations. Enter your answer in whole dollars rounded to 2 decimal places

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