Crane bottling corporation is considering the purchase of a new bottling machine. the machine would cost $233,800 and has an estimated useful life of 8 years with zero salvage value. management estimates that the new bottling machine will provide net annual cash flows of $33,000. management also believes that the new bottling machine will save the company money because it is expected to be more reliable than other machines, and thus will reduce downtime. assume a discount rate of 4%