Hello! Could you please help me answer this question and also helping with the essential calculations to support the answers reasoning? Thank you!

You are looking to invest in a new machine for your production plant. The machine costs $8.000 today. You expect to make products on this machine for 4 years, then you will no longer need the machine. Revenues of the company are expected to increase by $1,000 each year the machine is in production. The machine is also expected to decrease production costs of the company by $3,000 per year. The market value of the machine in 4 years is expected to be $1,000. The required rate of return demanded by the company on any capital expenditure is 10%. Should the company buy the machine