Mpilo Limited, a company that manufactures personal protection equipment (PPE), is considering purchasing electronic manufacturing machine. The manufacturing machine cost price and projected cash flow are shown below: The life span of the machine is expected to be four years, with a scrap value of R7000 000 . The company's required rate of return is 9%. Calculate the net present value (NPV) of Mpilo Limited and advise the company whether they should go ahead or reject the purchase based on the NPV