Question: .....................please see two attachments for tables MC Qu. 66 The management of Urbine Corporation is considering ... The management of Urbine Corporation is considering the

.....................please see two attachments for tables

MC Qu. 66 The management of Urbine Corporation is considering ...

The management of Urbine Corporation is considering the purchase of a machine that would cost $300,000 would last for 5 years, and would have no salvage value. The machine would reduce labor and other costs by $70,000 per year. The company requires a minimum pretax return of 12% on all investment projects. (Ignore income taxes in this problem.)

Click here to view Exhibit 13B-1 and Exhibit 13B-2 to determine the appropriate discount factor(s) using tables.

The net present value of the proposed project is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.)

?$24,403?$6,650?$47,650?$70,897

.....................please see two attachments for tables MC Qu. 66 The management of

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