Question: A company is considering the purchase of a large stamping machine that will cost exist190,000, plus exist4, 500 transportation and exist9,000 installation charges. It is estimated that, at the end of five years, the market value of the machine will be exist30,000. The IRS has established that this machine will fall under a three-year MACRS class life category. The justifications for the machine include exist25,000 savings per year in labor and exist35,000 savings per year reduced materials. The before-tax MARR is 20% per year, and the effective come tax rate is 40%. What is the after-tax equivalent annual worth of this investment over the five year period which ends with the sale of the machine? (Do not enter a dollar sign exist with your answer.) __________