Sandhill inci manufactures snowsuits. Sanohill is considering poirchasing a new sewing machine at a cost of 5245 milliont its eaistins machine was purchased 5 years ago at a price of $1.8 milionc six months aso, Sandhili spent 555,000 to keep ic operational The exlsting sewing machine can be sold today for $243,175, The new sewing machine would requlre a one-time, 585,000 tralining cost. Operating conts would docreate by the following ainounts for years 1 to 7: The hewisewing machine would be depreciated accordine to the declining baiance me thod at a fate of 20 k. The salvage value is expected to be $379,200. This new equipment would require maintenance costs of $95,900 at the end of the fitth year. The cont of cabital is 9% The new sewing machine would be depreciated according to the declining balance method at a rate of 20K. The salvage value is expected to be $379,200. This new equipment would require mainterance costs of $95,900 at the end of the fitth year: The cost of capital is 9% Clickhere to view PNtable. Use the net present value method to determine the following off net present value is negotive then enter with negative sign precedins the number es 45 or parentheses es. (45). Round present value answer to 0 decimal places, es. 125. For calculation purposes , wse 5 decimal ploces as disployed in the factor table provided.) Caiculate thenet present value. Netpresent value $ Determine whether Sandhill should purchase the new machine to replace the existing inachine