the pan american bottling company is considering the purchase of a new machine that would increase the speed of bottling and save money. the net cost of this machine is $55,000. the annual cash flows have the following projections. use appendix b and appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. year cash flow 1 $ 28,000 2 26,000 3 26,000 4 31,000 5 12,000 if the cost of capital is 15 percent, what is the net present value of selecting a new machine? note: do not round intermediate calculations and round your final answer to 2 decimal places.