Delicious Candy Company is considering purchasing a second chocolate dipping machine in order to expand their business. The information Delicious has accumulated reguding the new machine is III (Click the icon to view the information) Present Value of $1 tabia Present Value of Annuity 51 able Future Value at 31 table Future Value et Aeruly s51 table Read the requirements Requirement 1. Calculate the following for the new machine .. Net present value (NPV) (Use factors to three decimal plao, XXXX, and use a minus sign or parentheses for a negative net present value. Enternet present value of the investment rounded to the nearest whole do The net present value is Cost of the machine $110,000 $25,000 Increased contribution margin Life of the machine 10 years Required rate of return 10% Delicious estimates they will be able to produce more candy using the second machine and thus increase their annual contribution margin. They also estimate there will be a small disposal value of the machine but the cost of removal will offset that value. Ignore income tax issues in your answers. Assume all cash flows occur at year-end except for initial investment amounts. Print Done