Your company is deciding whether to invest in a new machine. The new machine will increase cash flow by \\( \\$ 327,000 \\) 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 \\( \\$ 1,770,000 \\). The cost of the machine will decline by \\( \\$ 110,000 \\) per year until it reaches \\( \\$ 1,220,000 \\), 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.) 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.) Should you purchase the machine? Yes No If so, when should you purchase it? Today One year from now Two years from now