Sheridan Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided here. Original cost Estimated life Salvage value Estimated annual cash inflows Estimated annual cash outflows Click here to view PV table. Machine A $74,500 8 years 0 $20,300 $5,100 Machine B $183,000 8 years 0 $40,200 $9,810 Calculate the net present value and profitability index of each machine. Assume a 9% discount rate. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round answer for present value to O decimal places, e.g. 125 and profitability index to 2 decimal places, e.g. 10.50. For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

Sheridan Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isnt equipped to do. Estimates regarding each machine are provided here. Click here to view Py table. Calculate the net present value and profitability index of esch machine. Assume a 966 discount rate. (If the net present value is negative use either a negative sign preceding the number 6345 or porentheses es (45). Round answer for present value to 0 decimal ploces, es. 125 and proftobility inder to 2 decimal places, es. 10.50. For calculation purposes, use 5 decimal places as displayed in the factor table provided)