Upper Darby Park Department is considering a new capital investment. The following information is available on the investment. The cost of the machine will be $300,000. The cost savings if the new machine is acquired will be $80,000 for the first three years and then $70,000 for the final two years. The machine will have a 5-year life, at which time the terminal disposal value is expected to be $60,000. Upper Darby is assuming no tax consequences. What is the net present value for Upper Darby if the required rate of return is 12%? la Present Value-of-S1.00 og Rate 8% 10% 12% 14% Period 100% popo la |.9259.9091.8929..87720 20 la .8573.8264.7972.76950 .7938.7513.7118.67500 |.7350 6830.6355 5921 100 .6806.6209 | 567451940 Present Value-of-S1.00Received per Period og Rate 8% 10% 12% 14% Periodloc la la la la la 10 a 92599091 892987727 1.78331.73551.6901 1.646720 3a la 2.5771 2.4869|2.40182.3216 40 a 3.3121 3.16993.0373 2.9137 50 0 3.9927 3.7908 3.6048 3.433130 O ($23,652) o ($10,391) $3,208 $10,391