The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayers base price is $1,080,000, and it would cost another $22,500 to install it. The machine will be depreciated on a 3 year MACRS basis. At the end of Year 3, the sprayer will be sold for $605,000. The machine would require an increase in net working capital (inventory) of $15,500 at the beginning of the project. The sprayer would not change revenues, but it is expected to save the firm $380,000 per year in before-tax operating costs, mainly labor. Campbells marginal tax rate is 35%, and the projects cost of capital is 12%, should the machine be purchased?