oIll (14 points) (ignore income taxes in this problem.) Clairmont Corporation is considering the machine that would cost $150,000 and would last for 5 yoars. At machine would have a salvage value of $18,000. By reducing labor and other operating costs the machine would provide annual cost savings of $37.000. The company requires a minimum pretax return of 12% on al investment projects. the end of 5 years, the Required Compute the Net Present Value of this investment and indicate if the company should make this purchase. Show work to menit credt. 13