Larson Manufacturing is considering purchasing a new injection-molding machine for $320,000 to expand its production capacity. It will cost an additional $20,000 to do the site preparation. With the new injection-molding machine installed, Larson Manufacturing expects to increase its revenue by $98,000 per year. The machine will be used for six years, with an expected salvage value of $72,000. At an interest rate of 11%,would the purchase of the injection-molding machine be justified?

The present worth of the project is$

The pr ta:luring the interest tors fur di Round to -molding mach 00 nd is le compou More Info Compound Present 0.9000 1.2321 08116 0.5935 0.4817 0.1330 2.5580 a 0,000 k do the site preparaion. W Equal payment series Compound sinking Worth Recovery 0000 04738 0.5830 6.2278 0.2703 7.9129 9.7033 0.2122 008-13 0.1913 007DE 6.7220 Print Dona stalled La pects by 508,000 year. Th