Yummy Candy Company is considering purchasing a second chocolate dipping machine in order to expand its business. The information Yummy has accumulated regarding the new

machine is:

$($Click the icon to view the information.$)$

Present Value of $$1$ table

Present Value of Annuity of $$1$ table

Future Value of $$1$ table

Future Value of Annuity of $$1$ table

Read the requirements.

Requirement $1.$ Calculate the following for the new machine:

a$.$ Net present value $($NPV$)($Use factors to three decimal places,

X$.$XXX$,$ and use a minus sign or parentheses for a negative net present value. Enter the net present value of the

investment rounded to the nearest whole dollar.$)$

The net present value is

Data table