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Sunland Googal owns a garage and is contemplating purchasing a tire retreading machine for $$21,820.$ After estimating costs and revenues, Sunland projects a net cash inflow from the retreading machine of $$4,300$ annually for $7$ years. Sunland hopes to earn a return of $7\%$ on such investments.

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What is the present value of the retreading operation? $($For calculation purposes, use $5$ decimal places as displayed in the factor table provided. Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Present value $,$$ $$

Should Sunland Googal purchase the retreading machine?

Sunland Googal $$ purchase the retreading machine.