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Market Top Investors, Incorporated, is considering the purchase of a $330,000 compute with an economic life of five years. The computer will be fully depreciated

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Market Top Investors, Incorporated, is considering the purchase of a $330,000 compute with an economic life of five years. The computer will be fully depreciated over five yeal using the straight-line method, at which time it will be worth $42,000. The computer w replace two office employees whose combined annual salaries are $83,000. Th machine will also immediately lower the firm's required net working capital by $72,00 i This amount of net working capital will need to be replaced once the machine is solk The corporate tax rate is 22 percent. The appropriate discount rate is percent. Calculate the NPV of this project. (Do not round intermediate calculations an round your answer to 2 decimal places, e.g., 32.16.) NPV Is it worthwhile to buy the computer? Yes No

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