Realistic Company is evaluating the proposed acquisition of a new production machine. The machine's base price is $260,000, and installation costs would amount to $28,000. An additional $14,000 in net working capital would be required at installation. The machine has a 3-year life using straight line depreciation. The machine would save the firm $110,000 per year in operating costs. The firm is planning to keep the machine in place for 3 years. At the end of the third year, the firm plans to sell the machine for $100,000. The firm has a required rate of return on investment projects of 12% and a marginal tax rate of 21%. What is the NPV of the project? $21,336 $90,987 $107,060 $122,300 $11,371