Your company is deciding whether to invest in a new machine. The new machine will Increase cash flow by $270,000 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, it will be obsolete 10 years from today. The machine is currently priced at $1,900,000. The cost of the machine will decline by $190,000 per year until it reaches $1,140,000, where It will remain If your required return is 9 percent, which year should you purchase the machine? Year 4 Year 5 Year 8 Year 2 Year 6 What is the NPV if you purchase the machine in the optimal year? "T 50,438.47 52,960.39 47,916.55 $1,447 24 49,429.70