Market Top Investors, Incorporated, is considering the purchase of a $$340,000$ computer

with an economic life of five years. The computer will be fully depreciated over five years

using the straight$-$line method, at which time it will be worth $$36,000.$ The computer will

replace two office employees whose combined annual salaries are $$82,000.$ The

machine will also immediately lower the firm's required net working capital by $$71,000.$

This amount of net working capital will need to be replaced once the machine is sold.

The corporate tax rate is $21$ percent. The appropriate discount rate is $8$

percent. Calculate the NPV of this project. $($Do not round intermediate calculations and

round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

NPV

Is it worthwhile to buy the computer?

No

Yes