for both machines, which do you prefer? Why? 11. Cost-Cutting Proposals Blue Line Machine Shop is considering a four-year project to improve production et ciency Buying a new machine press for $485.000 is estimated to result in 179.000 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvage value at the end of the project of $45,000. The press also requires an initial investment in spare parts Inventory of $15,000, along with an additional $4,000 in inventory for each succeeding year of the project. If the shop's tax rate is 35 percent and the project's required return is 9 percent, should the company buy and install the machine press