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(lgnore income taxes in this problem.) Tangen Corporation is considering the purchase of a machine...

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Accounting

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(lgnore income taxes in this problem.) Tangen Corporation is considering the purchase of a machine that would cost $396,000 and would last for 6 years. At the end of 6 years, the machine would have a salvage value of $88,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $105,600. The company requires a minimum pretax return of 14% on all investment projects. The net present value of the proposed project is closest to Click here to view Exhibit 88-1 and Exhibit 88-2 to determine the appropriate discount factors) using tables O $25.450 O $102.678 O $54,806 O$14.678

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