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Your company is deciding whether to invest in a new machine. The new machine will increase cash flow by $323,000 per year. You believe the

Your company is deciding whether to invest in a new machine. The new machine will increase cash flow by $323,000 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 $1,730,000. The cost of the machine will decline by $105,000 per year until it reaches $1,205,000, where it will remain. If your required return is 13 percent, calculate the NPV today. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV $ If your required return is 13 percent, calculate the NPV if you wait to purchase the machine until the indicated year. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

NPV 22,676.64

Year 1 $

Year 2 $

Year 3 $

Year 4 $

Year 5 $

Year 6 $

I HAVE THE NPV CORRECT, BUT I CANNOT GET YEAR 1-6.

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