A Question out of my book. It has the answers, but doesn’t show the steps. A firm is considering purchasing a machine that costs $71000 .

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A Question out of my book. It has the answers, but doesn’t show the steps… I’m lost on how to start this, help would be appreciated:

A firm is considering purchasing a machine that costs ​$71000 . It will be used for six​ years, and the salvage value at that time is expected to be zero. The machine will save ​$42000  per year in​ labor, but it will incur ​$9000  in operating and maintenance costs each year. The machine will be depreciated according to​ five-year MACRS. The​ firm’s tax rate is 35 ​%, and its​ after-tax MARR is 15 ​%. Should the machine be​ purchased?

The present worth of the project is: $_____

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