Pilot Puss Pens is deciding when to replace its old machine. The machine's current salvage value is $$2,150,000,$ lts current book value is $$1,350,000.$ If not sold, the old machine will require maintenance costs of $$620,000$ at the end of the year for the next flve years. Doprectation on the old machine is $$270,000$ per year. At the end of flve years, it will have a salvage value of $$65,000$ and a book value of $$0.$ A replacement machine costs $$3,750,000$ now and requires maintenance costs of $$290,000$ at the end of each year during its economic lfe of five years. At the end of the five years, the new machine will have a salvage value of $$655,000.$ If will be fully depreciated by the straight$-$Ine method. In five years, a replacement machine will cost $$2\mathrm{.}750,000.$ The compary will need to purchase this machine regardless of what choice it makes today. The corporate tax rate is $22$ percent and the appropriate discount rate is $8$ percent. The company is assumed to earn sufficient revenues to generate tax shields from depreciation. Calculate the NPV for the new and old machines.

Note: Do not round intermediate calculations and enter your answers in dollars, not milions, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.$

$$ Answer is complete but not entirely correct.

$\backslash$table$[[$Old machise,$$,314\mathrm{.}09599],[$New machine,$5,4,261,887,793]]$