TB Problem Qu. 12-140 (Algo) Joanette, Incorporated, Is considering the purchase... Joanette, incorporated, is considering the purchase of a mochine that would cost $450,000 and would last for 5 years, at the end of which, the machine would have a salvage value of $55,000. The machine would reduce labor and other costs by $115,000 per year. Additional working capital of $9.000 would be needed immediately, all of which would be recovered at the end of 5 years. The company requires a minimum pretax return of 13% on all investment projects. (lgnore income taxes.) Click here to view Exhibit128-1 and Exhibit:128.2, to determine the appropriate discount factor(5) using the tabies provided. Required: Determine the net present value of the project (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to the nearest whole dollar amount.)