Please adhere to rounding instructions (in red), or answer will be wrong. Please/Thanks

D | Question 4 1 pts Renegade Industries is considering the purchase of a new machine for the production of latex. Machine A costs $3.04 million and will last for six years. Variable costs are 33% of sales, and fixed costs are $1988156 per year. Machine B costs $5.07 million and will last for nine years. Variable costs for this machine are 23% of sales and fixed costs are $1429971 per year. The sales for each machine will be $10.8 million per year. The required return is 9 %, and the tax rate is 38%. Both machines will be depreciated on a straight-line basis. The company plans to replace the machine when it wears out on a perpetual basis. Calculate the NPV for machine A. (Round answer to 2 decimal places. Do not round intermediate calculations) Topic: Capital Budgeting Problenm