Your company is deciding whether to invest in a new machine. The new machine wil increase cash flow by $330,000 per year. You believe the technology used in the machine has a 10-year life; in other words, no matter when you purchase the machine, i will be obsolete 10 years from today. The machine is currently priced at $1,850,000. The cost of the machine will decline by $120,000 per year until it reaches $1,250,000, wher it will remain. If your required return is 12 percent, calculate the NPV today. (Do not rounc intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV If your required return is 12 percent, calculate the NPV if you wait to purchase the machine until the indicated year. ( A negative answer should be indicated by a minu: sign. Do not round intermediate calculations and round your answers to 2 decima places, e.g., 32.16.) Should you purchase the machine? Yes No If so, when should you purchase it? Today One year from now Two years from now