Southside Junk Yard needs to buy a car smasher. The machine would add netbefore-taxcash flows of $80,000 at the end of the first year and $70,000 at the end of the second year (it will only last two years). The initial cost of the machine is $100,000. At the end of two years, the salvage value of the car smasher is estimated to be $0. The required rate of return on the car smasher is 10%. The income tax rate is 40%. Southside uses straight-line depreciation (for the machine's 2-year life) for income tax purposes. Income taxes are paid at the end of the year. What is thenet present valueof the car smasher machine?

positive $30,414

positive $41,322

negative $15,847

negative $8,264

positive $13,058

positive $30,579

negative $21,653

positive $65,290