Saved Help Save & Exit 2 JuJu Mae Corporation is considering the purchase of a machine that would cost $170,000 and would last for 7 years. At the end of 7 years, the machine would have a salvage value of $19,500. By reducing labor and other operating costs, the machine would provide annual cost savings of $32,000. The company requires a minimum pretax return of 11% on all investment projects. (Ignore income taxes.) 01:02:50 The net present value of the proposed project is closest to: Multiple Choice $(54,000) $(9,817) $(25,164) $18,737