Mr. Ambibous as considoring the purchase of a new machine to be used in his dry-clearing businoss. Tho following affot-tax cash savings are expected tron the 940 , oco invesinient over the nort 5 years: years 1 and 2,$15,000 per year, years 3,4, and 5,$10,000 per year- Requirements a. What is the net present value, assuming a requited rate of resum of 8 ? b. Should the machine be purchabed? Yew the oresent valus of \$1 factor table. Yew the aresent value of ordinary annuty of 51 factor lakie. Requirement a. What is the ned present value, assuming a requled rate of retum of 8% ? Complete the tabie below to determine the net present value. (Entor a cash outhow andior a negative net present value with a minus sign or parentheses Enter ail factors fo three docmul alaces. XXXX and mound al net presect value amounts to the nearest whole dollar.)