Net Present Value Analysis. Fresh Produce $LLC$ would like $to$ purchase a harvesting machine for $$300,000.$ The machine $is$ expected $to$ have a life $of4$ years and a salvage value $of$ $$60,000.$ Annual maintenance costs will total $$84,000.$ Annual savings are predicted $tobe$ $$180,000.$ The company's required rate $of$ return $is11$ percent.

Required:

$a.$ Ignoring the time value $of$ money, calculate the net cash inflow $or$ outflow resulting from this Net Present Value Analysis

$a.$ The net cash inflow ignoring the time value $of$ money $is$ calculated $as$ follows:investment opportunity.

$b.$ Find the net present value $of$ this investment using the format presented $in$ Table $8\mathrm{.}2.$ Round $to$ the nearest dollar.

$c.$ Should the company purchase the harvesting machine? Explain.