Question: Question 8 2 pts A new machine cost $41,000. The machine will be depreciated on a straight-line basis over 5 years to a salvage value

 Question 8 2 pts A new machine cost $41,000. The machine

Question 8 2 pts A new machine cost $41,000. The machine will be depreciated on a straight-line basis over 5 years to a salvage value of $2,000. The machine will be sold 5 years from now for $14,000. The machine will provide $11,000 per year in savings for 5 years and will require net working capital investment of $2,000. The tax rate is 18% and the discount rate is 12%. Find the NPV of the project. Round your answer to the nearest dollar

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