Whispering Winds Company owns a garage and is contemplating purchasing a tire retreading machine. Whispering Winds...

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Whispering Winds Company owns a garage and is contemplating purchasing a tire retreading machine. Whispering Winds projects a net cash flow from the retreading machine of $13,400 annually for 7 years. It estimates a salvage value of $9,700 at the end of the asset's useful life. Whispering Winds hopes to earn a return of 10% on such investments. What is net present value? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 52.75.) Click here to view the factor table. Net present value $ Should Whispering Winds purchase the retreading machine if it costs $67.000? Whispering Winds Company owns a garage and is contemplating purchasing a tire retreading machine. Whispering Winds projects a net cash flow from the retreading machine of $13,400 annually for 7 years. It estimates a salvage value of $9,700 at the end of the asset's useful life. Whispering Winds hopes to earn a return of 10% on such investments. What is net present value? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 52.75.) Click here to view the factor table. Net present value $ Should Whispering Winds purchase the retreading machine if it costs $67.000?