Question: please show work Basic NPV: No Salvage Value or Taxes Daisy Delacroix is considering the purchase of a new production machine that costs $60, 000.

please show work Basic NPV: No Salvage Value or Taxes Daisy Delacroix please show work

Basic NPV: No Salvage Value or Taxes Daisy Delacroix is considering the purchase of a new production machine that costs $60, 000. She has been told to expect decreased annual operating expenses of $31, 000 for four years. At the end of the fourth year, the machine will have no salvage value and will be scrapped. Required: What is the net present value of the machine if Daisy's cost of capital is 6 percent? Use the time value of money charts for your calculations. (Ignore income taxes.) Round your answer to nearest whole number

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