Max Corp is considenng the purchase of a new pesce of equament. The cost sivings from the equipenent would result in an annual increase in chert flow of $20500. The oquement wit heve an intial cost of $168110 and have a 5 -year life. The salvage valuo of the oquipmont os estimated to bo $17070 Eactors to use for n=5.1 =BW (DO NOT USE ANY OTHER FACTORS OR EQUATIONS) If the hurde rate is BW, what is the approxmate net present value? lonore income taxos