The management of Douglass Corporation is considering the purchase of a new machine costing $750,000. The companys desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for 5 years is 4.212. In addition to the this information, use the following data in determining the acceptability in this situation: Income from Net Cash Year Operations Flow 1 $37,700 $187,500 2 37,700 187,500 3 37,700 187,500 4 37,700 187,500 5 37,700 187,500 The net present value for this investment is: a. negative $118,145 b. positive $118,145 c. positive $39,750 d. negative $39,750