Pronghorn Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machine he wants will cost $272,600. In addition, Austin estimates that the new machine will increase the company's annual net cash flows by $44,000. The machine will hawe a 12 -year useful life and no salvage value. Clickhere to view PV tables. Calculate the machine's net present value using a discount rate of 11%. (Use the above table.) (Round factor values to 5 decimal places, e. 1.25124 and final answer to 0 decimal places, eg. 5,275.) Net present value eTextbook and Media Attempts: 0 of 3 used