urrent Attempt in Progress Blossom Inc, manufactures snowsuits. Blossom is considering purchasing a new sewing machine at a cost of $2.45 million. Its existing machine was purchased 5 years ago at a price of $1.8 million; 6 months ago. Blossom spent $55.000 to keep it operational. The existing sewing machine can be sold today for $243,257. The new sewing machine would require a one-time, $85,000 training cost. Operating costs would decrease by the following amounts for years 1 to 7 : The new sewing machine would be depreciated according to the declining-balance method at a rate of 20%. The salvage value is expected to be $379700. This new equipment would requiremaintenance costs of $98,400 at the end of the fifth year. The cost capital is 96 . Click here to view PV table. esedrat Calculate the net present value. (If net present value is negative then enter with negative sign preceding the number eg - 45 or parenthese eg. (45). Round present value answer to 0 decimal places, es. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided) Net present value Os.0mo