Present value tables are required.) Interior Products, Inc. is evaluating the purchase of a new machine to use in its manufacturing process. The new machine would cost $41,000 and have a useful life of 6 years. At the end of the machine's life, it would have a residual value of $2,500. Annual cost savings from the new machine would be $12,400 per year for each of the six years of its life. Interior Products, Inc. has a minimum required rate of return of 16% on all new projects. The net present value of the new machine would be closest to ____ and they would/would not purchase the new machine?

A.

$4,694, would not.

B.

$46,719, would.

C.

$5,719, would not.

D.

$5,719, would