Tim Smunt has been asked to evaluate two machines. After some investigation, he determines that they have the costs shown in the following table:

He is told to assume that:

1. The life of each machine is 3 years.

2. The company thinks it knows how to make 8% on investments no more risky than this one.

3. Labor and maintenance are paid at the end of the year.

Part 2

The NPV for Machine A=$enter your response here (round your response to the nearest whole number and include a minus sign if necessary).

Tim Smunt has been asked to evaluate two machines. After some investigation, he determines that they have the costs shown in the following table: Original Cost Labor per year Maintenance per year Salvage value Machine A $10,000 $2,400 $4,300 $2,000 Machine B $20,000 $4,800 $1,200 $7,200 He is told to assume that: 1. The life of each machine is 3 years. 2. The company thinks it knows how to make 8% on investments no more risky than this one. 3. Labor and maintenance are paid at the end of the year. The NPV for Machine A=$(round your response to the nearest whole number and include a minus sign if necessary)