The management of Woodcock Corporation is considering the purchase of a machine that would cost 5310,000, would last for 5 years, and would have no salvage value. The machine would reduce labor and other costs by 574,000 per year. The company requires a minimum pretax return of 12M on all investment projects. Use the time value of money tables to determine the appropriate discount factors). The net present value of the proposed project is closest to gnore income taxes. O $(43.230)