The management of Kinion Corporation is considering the purchase of a machine that would cost $205,000, would last for 4 years, and would have no salvage value, The machine would reduce labor and other costs by $74,000 per year. The company requires a minimum pretax retum of 12% on all investment projects. (Ignore income taxes.). Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using the tables provided. Required: Determine the net present value of the project. Note: Round your intermediate calculations and final answer to the nearest whole dollar amount