Question #4 BACK Copr. Goed Gypsy Weaving Inc. is considering a new weaving machine. The Dura Weaver model costs $90,000. Data for the new weaving machine is provided below. Annual revenue $29,000 Annual cash operating expenses $11,000 Annual depreciation expense $3,250 Salvage value at the end of useful life $3,000 Useful life 8 years Required rate of return on investments 12% The net present value of the new weaving machine is (use the present value tables included in the practice video problem handout to solve this question). $(1,788) $636 $1,788 $(636) SUBMIT