cious Candy Company is considering purchasing a second chocolate dipping machine in order to expand their business. The information Delicious has accumulated regarding the new machine is: (Click the icon to view the information.) sent Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuity of $1 table Data table ad the requirements. Cost of the machine $100,000 Increased contribution margin $17,000 Requirement 1. Calculate the following for the new machine: Life of the machine 8 years a. Net present value (NPV) (Use factors to three decimal places, XXXX, and use a minus sign or parentheses for a negative n dollar.) Required rate of return 6% The net present value is Delicious estimates they will be able to produce more candy using the seco machine and thus increase their annual contribution margin. They also esti there will be a small disposal value of the machine but the cost of removal offset that value. Ignore income tax issues in your answers. Assume all cas occur at year-end except for initial investment amounts. Print Done Help me solve this Etext pages Get more help