Your company is deciding whether to invest in a new machine. The new machine will Increase cash flow by $306,000 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 $1,710,000. The cost of the machine will decline by $110,000 per year until it reaches $1,160,000, where it will remain If your required return is 12 percent, calculate the NPV today. (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV $ 18,968.21 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 minus sign. Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Year 1 Year 2 Year 3 Year 4 NPV $ 27182531 $ 23993.7 $ 1175114 $-7568.61 Year 5 Year 6 Should you purchase the machine? Yes O No If so, when should you purchase it? Today One year from now Two years from now