Porus, Corp. is considering the purchase of a machine that would cost $170,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $16,000. The machine would reduce costs by $30,000 per year. The company requires a minimum return of 15% on all investment projects. The net present value of the project is closest to: (factors from Exhibit 12B-1 and Exhibit 12B-2 for an interest rate of 15% are provided below): Periods Present Value of $1 Present Value of an Annuity of $1 0.870 1.626 1 0.870 2 0.756 0.658 2.283 0.572 2.855 0.497 3.352