Brief Exercise 24-4 Your answer is incorrect. Try again Caine Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $167,469 and has an estimated useful Ife of B years with zero selvege value. the new bottling machine will provide net annual cash flows of $34,800 Management also belkeves that the new botting machine will s Management estimates that save the company money because it is expected to be more reliable than other machines, and thus wa reduce downtrne. Assume a discourt rate of 19%-akherenitevust Calculate the net present value. (If the net present vale is . the net present value is negative, use either a negative sign preceding the number eg -4s or parents(s)or cakulation urposeS decimual places as displayed in the factor table prowided. Round Net present value Now much would the reduction in downtime have to be worth in order for the project to be accestable? (Round answer to 0 decimal present valiue answer to 0 decimal places, e.g 125.) places e.g. 125) By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Pelicy set by your instructor