your company is deciding whether to invest in a new machine. the new machine will increase cash flow by $485000$ 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 $2\mathrm{.}95$ million. the cost of the machine will decline by $315000$ per year until it reaches $1\mathrm{.}375$ million where it will remain. If your required return is $8$ percent, calculate the NPV today