File Edit View History Bookmarks Tools Window Help 52% 1 Q D E McGraw-Hill Connect X Question 9 - Chapter 14 Quiz (requir X + Your disk is almost full Close O & https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https% Save space by optimizing storage. Manage.. Visited m Getting Started N Netflix Apple iCloud f Facebook Twitter W Wikipedia @ Yahoo News Popular Other Bookmarks Chapter 14 Quiz (required) i Saved Help Save & Exit Submit 9 The management of Penfold Corporation is considering the purchase of a machine that would cost $330,000, would last for 7 years, and would have no salvage value. The machine would reduce labor and other costs by $63,000 per year. The company requires a minimum pretax return of 11% on all Investment projects. Click here to view Exhibit 14B-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using the tables provided. 00:42:40 The net present value of the proposed project is closest to (Ignore income taxes.): (Round your Intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice