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Rayburn Industries is evaluating the investment of $143, 100 in a new packing machine that should provide annual cash operating inflows of $30, 660 for

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Rayburn Industries is evaluating the investment of $143, 100 in a new packing machine that should provide annual cash operating inflows of $30, 660 for 6 years. At the end of 6 years, the packing machine will be sold for $5, 200. Rayburn's required rate of return is 8%. What is the machine's net present value? Net present value $ Based on net present value, should Rayburn purchase the new Packaging machine? Yes OR No ? The parts of this equation must be completed in order. This part will be available when you complete the part above

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