The management of Penfold Cocporation is considering the purchase of a machine that would cost $430,000, would last for 5 years, and would have no salvage value. The machine would reduce labor and other costs by $95,000 per yeat. The company requires a minimum pretax return of 13% on all invostment projects. Click here to view Exhbit 78-1 and Exhibit 782 to determine the appropriate discount factor(s) using the tables provided. The net present value of the proposed project is closest to (lgnore income taxes): (Round your intermediate calkulations and final answer to the nearest whole dollar amount.) Mutuple Cheice \$9. 8.865 sts:35) 5(39,325) 152,445] EXHIBIT 7B-1 Present Value of $1;(1+r)21 EXHIBIT 7B-2 Present Value of an Annuity of $1 in Arrears; r1[1(1+r)1]