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Question 3 10 pts (Ignore income taxes in this problem) The management of Your Corporation is considering the purchase of a machine that would cost

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Question 3 10 pts (Ignore income taxes in this problem) The management of Your Corporation is considering the purchase of a machine that would cost $460,000, would last for 7 years. Salvage value would be $45,000. The annual cash receipts would be $194,000 and the machine would reduce labor and other costs by $92,000 per year. The company requires a minimum pretax return of 12% on all investment projects. What it the net present value of the project? $9,140 $25,868 $5,528 O ($28,022)

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