Vaughn Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $190,000 and has an estimated useful life of eight years with zero salvage value Management estimates that the new bottling machine will provide net annual cash flows of $35,000. Management also believes that the new machine will save the company money because it is expected to be more reliable than other machines, and thus will reduce downtime. Assume a discount rate of 10%. Click here to view the factor table. Calculate the net present value. II the net present value is negrive use either a negative sign preceding the number eg. -45 or parentheses eg. (45). For colculaton purposes, use 5 decimal places as displayed in the factor toble provided, eg. 125124. Round present value answer to o decimal places, es. 1,250.) Net present value $ How much would the reduction in downtime have to be worth in order for the project to be acceptable? Present value of reduction in downtime $