the Cash inflow for the second year it's $519,000

Herky Foods is evaluating a new wrapping machine. With the machine, Herky will save money on packaging in each of the next 5 years, producing the series of cash inflows shown in the following table: The initial investment is $1.73 million. Using a 4% discount rate, determine the net present value (NPV) of the machine given its expected cash inflows. Based on the project's NPV, should Herky make this investment? The net present value (NPV) of the new wrapping machine is $. (Round to the nearest cent.) Based on the project's NPV, should Herky make this investment? (Select the best answer below.) Yes No * Data Table Herky Foods is evaluating a the series of cash inflows sh present value (NPV) of the The net present value (NPV Based on the project's NPV. next 5 years, producing fate, determine the net investment? Yes O No (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year Cash Inflow 1 $553,600 $519,000 $415,200 4 $484.400 5 $276,800 2 3 machine. With the machine, Herky will save money on packaging in each of the itial investment is $1.73 million. Using a 4% discount rate, determine the net pres Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 1 2 3 4 5 Cash Inflow $553,600 $519,000 $415,200 $484,400 $276,800 Print Done