QUESTION 29 1. You have the following information about a machine purchase: Cost of Nachine = 400,000 Corporation tax rate = 19% Life of project = 5 years Discount rate = 106 If the company can claim capital allowance using a straight-line basis, what is the net present value (NPV) of acquiring the machine, the nearest 1,000? Assume tax savings are received in the year they are generated, and the machine has a zero-scrap value. A. 1318.000 B. 342,000 C. 350,000 D.E330,000 E. 400,000