Quip Corporation wants to purchase a new machine for $303,000. Management predicts that the machine will produce sales of $216,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $80,000 per year. The firm uses straight-line depreciation with an assumed residual (salvage) value of $50,000. Quip's combined Income tax rate, t, is 50%. Management requires a minimum after-tax rate of return of 10% on all Investments. What is the estimated net present value (NPV) of the proposed Investment (rounded to the nearest hundred dollars)? (The PV annuity factor for 10%, 5 years, Is 3.791 and for 4 years It Is 3.17. The present value $1 factor for 10%, 5 years, Is 0.621.) Assume that after-tax cash Inflows occur at year-end. Multiple Choice O $101.000. O $81.800 O $50,800 O $114.000 O $72.000