Question: please answer with full work explanation calculation etc. please answer correctly KB. Chicago Co. is interested in purchasing a machine that would improve its operational

please answer with full work explanation calculation etc. please answer correctly

KB. Chicago Co. is interested in purchasing a machine that would improve its operational efficiency. The cost is $200,000 with an estimated residual value of $20,000 and a useful life of eight years. Cash inflows are expected to increase by $40,000 a year. The company's minimum rate of return is 10 percent. The net present value of the project is

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