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Question 10 ignore income taxes in this problem.) Janes, Inc. is considering the purchase of a machine that would cost $430,000 and would last for

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Question 10 ignore income taxes in this problem.) Janes, Inc. is considering the purchase of a machine that would cost $430,000 and would last for 6 years at the end of which the machine would have a salvage value of $47.000. The machine would reduce labor and other costs by $109.000 per year. Additional working capital of $4,000 would be needed immediately, all of which would be recovered at the end of 6 years. The company requires a minimum pretax return of 3% on all westment projects Required: Determine the net present value of the project. Show your work! TABLE 3 Present Value of 654 91743 RO 1 79719 -7117 77218 75132 73119 79200 74726 65752 57175 A15 56743 A1017 52627 54203 SOINT R166 37594 62092 S7 51316 46651 42410 38554 5 54027 sos 46319 32 10 .24719 21494 18691 31863 7100 62741 64461 59190 .67556 359 609 58468 52679 35684 49697 60057 53032 46884 .57748 SOSO7 .44230 48102 41727 S1391 39.365 31.07 371.36 49.163 .41552 35034 ..39573 ..33051 .45639 37689 .31180 31728 28584 25751 23199 2000 13 14 15 16 17 18 43241 38750 35554 32618 29925 27454 25187 23107 21199 19449 17843 ..36770 ..34046 31524 .29189 27027 25025 23171 21455 .14133 12289 45235 403 36061 32197 28743 25668 22917 20462 .18270 16312 14564 .13004 11611 10.167 26113 239.39 21763 19785 09293 19 .16351 14864 15282 1376 12403 07027 06110 TABLE 4 Present Value of an Annuity of 1 DAL TABLE4 . 2.0 12 4212 4.92 STS 3. 4. 3.TR 5.74 5.53 7. RRRRD 4.71220 5.11 5.5370 7.73173 5.75 6519 7.14 6.4950 13 RAS 7.5 7.83 3.24424 RSS 7.7615 7.10 7. 16 17 10.12 1.IR 11.02.0 12.16367 12.659.0 X5137 584737 7.2017 10:37 TO 1777 11.27407 11.09 12.ON 12.0221 9.71225 101050 10.47720 10,2700 11. ISN12 9.37189 9.60 604716 31256 8.54343 8.75541 8.9012 9.1255 7.17 7.37916 7.5-4679 7.70162 7.8129 7.96333 20141 192 8.51356 7.24867 7.3687 7

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