XYZ Machine Tool Company is considering the acquisition of a new metal-cutting machine. The required initial investment of $75,000 and the projected cash benefits over a three-year project life are as follows: End of Year Net Cash Flow $75,000 $24,400 $27,340 $55,760 0 You have been asked by the president of the company to evaluate the economic merit of the acquisition. The firm's MARR is known to be 15%