Question: PLEASE HELP, i got it wrong thank you Problem 6-14 NPV and Bonus Depreciation Tanaka Machine Shop is considering a 4-year project to improve its

PLEASE HELP, i got it wrong
thank you
PLEASE HELP, i got it wrongthank you Problem 6-14 NPV and Bonus

Problem 6-14 NPV and Bonus Depreciation Tanaka Machine Shop is considering a 4-year project to improve its production efficiency. Buying a new machine press for $455,000 is estimated to result in $187,000 in annual pretax cost savings. The press qualifies for 100 percent bonus depreciation, and it will have a salvage value at the end of the project of $75,000. The press also requires an initial investment in spare parts inventory of $34,000, along with an additional $3,800 in inventory for each succeeding year of the project. The shop's tax rate is 24 percent and its discount rate is 9 percent. Calculate the NPV of this project. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Should the company buy and install the machine press? Yes No

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