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Waterway Corporation is considering buying a brand new machine and has gathered the following data: Investment Estimated life. Estimated annual cash inflows $105,100 5

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Waterway Corporation is considering buying a brand new machine and has gathered the following data: Investment Estimated life. Estimated annual cash inflows $105,100 5 years $29.500 Estimated annual cash outflows $10,500 Salvage value for the machine is estimated to be zero. Click here to view the factor table. Calculate the net present value of the machine assuming a 6% discount rate. (If the net present value is negative, use either a negat sign preceding the number eg-45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124. Round present value answer to O decimal places, e.g. 125.) Net Present Value $

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