Payback, Accounting Rate of Return, Net Present Value, Internal Rete of Retum Follow the format shown in Exhibit 28.1 and Exhibit 128.2 as you complete the requirement below. Blaylock Company wants to buy a numerically controlled (NC) machine to be used in producing specially machined parts for manufacturers of trenching machines. The outlay required is $300,000. The NC equipment will last five years with no expected salvage value. The expected after tax cash flows otrociated with the project folow Year Cash Revenues Cash Expenses 1 $1,300,000 1,300,000 $1,000,000 1,000,000 2 3 1,300.000 1,000,000 1,000,000 4 1.300,000 1,300,000 5 1.000.000 Required Compute the investment's Net Present Value, assuming a required rate of return of 10 percent. Roand present value calculations and your final answer to the newest coas NPV