Net Present Value Caine Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $275,000 and has an estimated useful life of 11 years with zero salvage value. Management estimates that the new bottling machine will provide net annual cash flows of $45,800 and annual net income of $30,000. Assume a discount rate of 12%. A. Calculate the net present value of the bottling machine.