REVIEW FOR FINAL

ANSWER is: $5139

Explain how this answer is found

show work in detail, every step and explain how it is determined

NPV Rogers Company, Inc., is considering purchasing a new grinding machine with a useful life of 6 years. The initial outlay for the machine is $175,000, with an additional $25,000 in essential customization. The required rate of return for Dave Company, Inc., is 12.5%. The expected cash flows are as follows: After-tax Expected Cash Flow Year $20,000 $40,000 $70,000 $70,000 $60,000 $60,000 What is NPV? 33