Sheridan Lumber, Inc., is considering purchasing a new wood saw that costs $$70,000.$ The saw will generate revenues of $$100,000$ per year for five years. The cost of materials and labor neede

to generate these revenues will total $$60,000$ per year, and other cash expenses will be $$10,000$ per year. The machine is expected to sell for $$3,200$ at the end of its five$-$year life and will be

depreciated on a straight$-$line basis over five years to zero. Sheridan's tax rate is $26$ percent, and its opportunity cost of capital is $10\mathrm{.}60$ percent.

What is the project's NPV$?($Do not round intermediate calculations. Round final answer to $0$ decimal places, e$.$g$.5,275.)$

$NPV,$$$|$

Should the company purchase the saw?

The company

the saw.