Question 1 45 pts The Rosco company is purchasing a new machine that will increase revenue for 8 years. The purchase price of the machine is $245,900 and will require working capital of $55.000 This new machine will Fequire a major service in year 3 and year 6 of $37,500. The increase in revenue will be: Years 1. Year 2, and Year 3 will have an annual increase in revenue of $98,700. Year 4 - $118,400, Year 5 - $125,300, Year 6 - $96,100, Year 7 - $82,300 and Year 8 - 74,900. At the end of year 8, the company will sell the machine for scrap for $25,000. Calculate the net present value of the new machine using a 15% rate of return. Show your work