Your company is deciding whether to invest in a new machine. The new machine will increase cash flow by $330,000 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 $1,850,000. The cost of the machine will decline by $120,000 per year until it reaches $1,250,000, where it will remain. (Do not round intermediate calculations.) If your required return is 12 percent, calculate the NPV today. (Round your answer to 2 decimal places. (e.g., 32.16)) NPV $ 14573.6 If your required return is 12 percent, calculate the NPV if you wait to purchase the machine until the indicated year. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16)) NPV Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 . Should you purchase the machine? Yes If so, when should you purchase it? Today One year from now Two years from now