Question 4 10 pts Machine B has a useful life of 7 years, costs $915,000, and has a salvage value of $50,000. Additional working capital of $40,000 would be required to purchase tooling supplies, but the entire amount will be released for use elsewhere at the end of the machine's life. Machine B will reduce labor and related costs by $190,000 each year. The company determines an appropriate discount rate of 12% for this project. Ignoring income tax effects, what is the net present value of the project? Enter your answer as either a positive or negative number rounded to the nearest dollar, do not include a dollar sign. Present Value of $1 Periods 10% 12% 14% 16% 0.909 0.893 0.877 0.862 2 0.826 0.797 0.769 0.743 3 0.751 0.712 0.675 0.641 0.683 0.636 0.592 0.552 5 0.621 0.567 0.519 0.476 6 0.564 0.507 0.456 0.410 7 0.513 0.452 0.400 0.354