You received no credit for this question in the previous attempt Masters Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $940,800 is estimated to result in $313,600 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have aa salvage value at the end of the project of $137,200. The press also requires an initial investment in spare parts inventory of $39,200, along with an additional $5,880 in inventory for each succeeding year of the project. 10 points eBook If the shop's tax rate is 21 percent and its discount rate is 19 percent, whats the NPV for this project? Print References Is Co. Property Class Year Three-Year Five-Year Seven-Year 1 33.33% 20.00% 14.29% 2 44.45 32.00 24.49 3 14.81 19.20 17.49 7.41 11.52 12.49 11.52 8.93 6 5.76 8.92 8.93 7 8 4.46