Your company is deciding whether to invest in a new machine. The new machine will increase cash flow by $322.000 per year. You believe the technology used in the machine has 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 $1,720,000. The cost of the machine will decline by $105,000 per year until it reaches $1,195,000, where it will remain.

If your required return is 13 percent, calculate the NPV if your purpose the machine today. What is the NPV if you wait to purchase the machine until each year indicated below? (Do not round intermediate calculations and round your answers to 2 decimal places.)

Purchase today_

Year 1_

Year 2_

Year 3_

Year 4_

Year 5_

Year 6_