You are a new graduate employed at a small manufacturing company. The president has asked for your advice on a suggestion made by a senior manager that would make the company $ 1 million wealthier. The company would buy a new machine for $1 million to make NBA-endorsed basketballs. The machine would last 10 years and generate sales of $300,000 per year. Annual material, labour, and maintenance costs would be $100,000 per year. No other cost is anticipated. Advise the president.