Hardwares Ince is going to purchase a train for production. The train will cost $19 million and is expected to reduce expense by 4 million annually.

Hardwares Ince is going to purchase a train for production. The train will cost $19 million and is expected to reduce expense by 4 million annually. The train has an estimated useful life of 10 years with no salvage value. Hardwares Inc. requires a return of 10% for investments. Prepare a net present value analysis for the train.  Show work