Ster 10-MBA Capital Investment (i) Disraell Gears Inc. manufactures latke-shaped gears. The company is considering the purchase of a new machine press for $758,400. The press has a fouryour life and is estimated to result in $252.800 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it wil have a salvage value at the end of the project of $110,600. The press also requires an initial investment of $31,600 in spare parts for inventory An additional $4,740 in inventory wil be required for each succeeding yean of the project All investments in inventory wal be fecofered at ine end of the project. If the shop's tax rate is 35 percent and its discount rate is 11 perceet what is the NPV for this project? (Do not round your intermediate calculations) HINT: Calculate the depreciation for each year and use if to get the after tax-savage value. Next, calculate OCF using the annual depreciation hind then construct CFFA for eachyear. Now discount all cash flows to get the NPV. Malsiple Choice 5.9860 i 5764+86 8902063