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The answer to the NPV that I am getting is $22,761.57. But the system says this is not correct, can someone please lmk what the

The answer to the NPV that I am getting is $22,761.57. But the system says this is not correct, can someone please lmk what the correct answer is and why ?

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CSM Machine Shop is considering a four-year project lo Improve its production efficiency. Buying a new machine press for $504,000 is estimated to result in $203,000 in annual pretax cost savings. The press falls in the MACRS five year class (MACRS Table), and it will have a salvage value at the end of the project of $64,500. The press also requires an initial investment in spare parts inventory of $22,900, along with an additional $4,900 in inventory for each succeeding year of the proved. The shop's tax rate is 30 percent and its discount rate is 13 percent. Calculate the NPV (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Should the company buy and install the machine press

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