Pique Corporation wants to purchase a new machine for $330,000. Management predicts that the machine can produce sales of $220,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $88,000 per year. The firm uses straight-line depreciation with no residual value for all depreciable assets. Pique's combined income tax rate is 40.00%. Management requires a minimum after-tax rate of return of 10.00% on all investments What is the net present value (NPV) of the investment? Use PV function in Excel $129,693 $125,307 $95,307 $70,307 None of the above