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Marinis Corporation is considering buying a brand new machine and has gathered the following data: Investment $105,600 Estimated life 6 years Estimated annual cash inflows

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Marinis Corporation is considering buying a brand new machine and has gathered the following data: Investment $105,600 Estimated life 6 years Estimated annual cash inflows $29.700 Estimated annual cash outflows $10.200 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 8% discount rate. (If the net present value is negative, use either negative sign preceding the number eg -45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in factor table provided, eg. 1.25124. Round present value answer to O decimal places, eg. 125.) Net Present Value 19544 Further investigation reveals that there would be a sales increase of $7.200 annually as a result of an increase in quality from the customer's perspective and a cost reduction of $3,000 annually as a result of lower warranty claims. Considering these additional facts, calculate the Net Present Value of the machine. (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 O decimal places, eg. 125.) $ Net Present Value Should the company buy the machine

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