Your company is deciding whether to invest in a new machine. The new machine will

increase cash flow by $$321,000$ 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 $$106,000$ per year until it reaches $$1,180,000,$ 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$.,32\mathrm{.}16.)$

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$.,32\mathrm{.}16.)$