Not sure what I am doing wrong here:

Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its existing machine was purchased ve years ago at a price of $ 1.8 million; six months ago, Hillsong spent $55,000 to keep it operational. The existing sewing machine can be sold today for $240,433. The new sewing machine would require a one-time, $85,000 training cost. Operating costs would decrease by the following amounts for years 1 to 7: Year 1 $390,900 399,300 410,100 425,400 434,030 434,900 436,400 HGL-D-LdM The new sewing machine would be depreciated according to the declining-balance method at a rate of 20%. The salvage value is expected to be $3?9,100. This new equipment would require maintenance costs of $94,000 at the end of the fth year. The cost of capital is 9%. Click here to view the factor table. Use the net present value method to determine the following: [if net present value is negative then enter with negative sign preceding the number e.g. -45 or parentheses e.g. [45,}. Round present value answer to 0 decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Calculate the net present value. Use the net present value method to determine the following: (If net present value is negative then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round present value answer to O decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Calculate the net present value. Net present value (55415)