Westin Manufacturing Is Considering the Purchase of a New Machine

Westin Manufacturing is considering the purchase of a new machine to use in its packing department. The new machine will have an initial cost of $160,000, a useful life of 12 years and a $6000 residual value. Westin will realize $15,100 in annual savings for each of the machine's 12-year useful life. Given Westin's 5% required rate of return, the new machine will have a net present value (NPV) of: (Round any intermediary calculations and your final answer to the nearest dollar.) Present Value of $1
Present Value of Annuity of $1

A) ($29,511) .
B) ($22,827) .
C) ($137,173) .
D) ($26,169) .