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Marinis Corporation is considering buying a brand new machine and has gathered the following data: Investment Estimated life $104,800 6 years $29,400 Estimated annual cash

Marinis Corporation is considering buying a brand new machine and has gathered the following data: Investment Estimated life $104,800 6 years $29,400 Estimated annual cash outflows $10,200 Estimated annual cash inflows Salvage value for the machine is estimated to be zero. Click here to view PV table. Calculate the net present value of the machine assuming a 6% discount rate. (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg (45). For calculation purposes use 5 decimal places as displayed in the factor table provided, eg. 1.25124. Round present value answer to 0 decimal places, eg. 125.) Net Present Value $ Should the company buy the machine based on your results

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