Question 18 Marigold, Inc. is considering the purchase of a new machine for $470000 that has an estimated useful life of 5 years and no salvage value. The machine will generate net annual cash flows of $82250. It is believed that the new machine will reduce downtime because of its reliability. Assume the discount rate is 8%. In order to make the project acceptable, the increase in cash flows per year resulting from reduced downtime must be at least Present Value PV of an Annuity Year of lat 8% of 18% 1 926 926 2 .857 1.783 3 ..794 2.577 4 .735 3.312 5 .681 3.993 O $17911 per year. O $35456 per year. O $35227 per year. $14370 per year. Click if you would like to show Work for this question: Open Show Work