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Sibble Corporation is considering the purchase of a machine that would cost $410,000 and would last for 7 years. At the end of 7 years,

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Sibble Corporation is considering the purchase of a machine that would cost $410,000 and would last for 7 years. At the end of 7 years, the machine would have a salvage value of $40,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $67,000. The company requires a minimum pretax return of 7% on all investment projects. (Ignore income taxes.) Click here to view Exhibit 13B-1and Exhibit 13B-2 to determine the appropriate discount factor(s) using tables. The net present value of the proposed project is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) -$24, 017 -$73, 857 -$48, 937 -$8, 937

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