the management of quaker corporation is considering the purchase of a machine that would cost $400,000, would last for 10 years and would have no salvage value. the machine would reduce labor and other costs by $60,000 per year. the company requires a minimum pretax return of 13% on all investment projects. the net present value of the proposed project is closest to...?

A. (86,240)

B. (74,440)

C. (34,440)

D. (62,640)