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Merrimack Clinic plans to purchase a new centrifuge machine for its Idaho facility. The machine costs $333,000 and is expected to have a useful life

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Merrimack Clinic plans to purchase a new centrifuge machine for its Idaho facility. The machine costs $333,000 and is expected to have a useful life of 5 years, with a terminal disposal value of $33,000. Savings in cash operating costs are expected to be $100,000 per year. However, additional working capital is needed to keep the machine running efficiently. The working capital must continually be replaced, so an investment of $16,000 needs to be maintained at altimes, but this investment is fully recoverable will be cashed n at the end of te useful life. Merrimack Clinics requred rate of return s 14% ignore ncome taxes n your analys s Assure all cash flows occur at year-end except for initial investment amounts. Merrimack Clinic uses straight-line depreciation for is machines Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Euture Value of Annuity.of $1 table Read the requirements Enter Requirement 1. Calculate net present value. ( the net present value of the investment rounded to the nearest whole dollar) The net present value is $

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