Kerry Enterprises is considering the purchase of a new machine that will produce thumb drives. The n… Show more Kerry Enterprises is considering the purchase of a new machine that will produce thumb drives. The new machine will require an initial investment of $800,000 and has an economic life of five years and will be fully depreciated by the straight line method. The machine will produce150,000 thumb drives per year with each costing $0.10 to make. Each will be sold at $2.00. Assume Kerry Enterprises uses a discount rate of 14 percent and has a tax rate of 34 percent. What is the NPV of the project and should Kerry Enterprises make the purchase? Make sure you show your work. • Show less