US Cola is considering the purchase of a special-purpose bottling machine for $28,000. It is expected to have a useful life of 4 years with no terminal disposal value. The plant manager estimates the following savings in cash operating costs: (Click the icon to view the savings in cash operating costs.) US Cola uses a required rate of return of 20% in its capital budgeting decisions. Ignore income taxes in your analysis. Assume all cash flows occur at year-end except for initial investment amounts. Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuity of $1 table Read the requirements. 1. Net present value. (Use factor amounts rounded to three decimal places. Round your answers to the nearest whole dollar. Use a minus sign or parentheses for a negative net present value.). The net present value is $ (1,997) 2. Payback period. (Round your answer to two decimal places.) The number of years for the payback period is Data table X Year Amount Year 1 $ 12,000 Year 2 10,000 Year 3 9.000 Year 4 8,000 39,000 Total Print Done