Net Present Value Analysis. Fresh Produce LLC would like to purchase a harvesting machine for $$300,000.$ The machine is expected to have a life of $4$ years and a salvage value of $$60,000.$ Annual maintenance costs will total $$84,000.$ Annual savings are predicted to be $$180,000.$ The company$$s required rate of return is $11$ percent. Net Present Value Analysis. Fresh Produce LLC would like to purchase a harvesting machine

for $$300,000.$ The machine is expected to have a life of $4$ years and a salvage value of $$60,000.$

Annual maintenance costs will total $$84,000.$ Annual savings are predicted to be $$180,000.$ The

company's required rate of return is $11$ percent.

Required:

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

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.

Required:

Ignoring the time value of money, calculate the net cash inflow or outflow resulting from this investment opportunity.

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

Should the company purchase the harvesting machine? Explain.