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The cash flows for the next 10 years for buying a blow molding machine by TTC Tech Engineering Systems is given in the table below.

The cash flows for the next 10 years for buying a blow molding machine by TTC Tech Engineering Systems is given in the table below. If MARR is 8%, determine the amount of money that the company can invest on this blow molding machine. Assume the salvage at the end of year 5 will be about 30% of initial cost.

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Year Cash flow $50K 60K 65K 70K 6-10 70K 0.30P

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