Question: Oriole, Inc. management is considering purchasing a new machine at a cost of $4,060,000. They expect this equipment to produce cash flows of $848,690, $844,850,

Oriole, Inc. management is considering purchasing a new machine at a cost of $4,060,000. They expect this equipment to produce cash flows of $848,690, $844,850, $1,026,030, $979,200, $1,234,260, and $1,139,600 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment? (Enter negative amounts using negative sign e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.)

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