Vextra Corporation is considering the purchase of new equipment costing $39,500. The 46 projected annual cash inflow is $11,900, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value extra requires a 12% return on its investments. The present value of an annuity of $1 for different periods follows: 12 Percent 08929 1.6901 2.4018 3.0373 015653 Periods What is the net present value of the machine (rounded to the nearest whole dollar)? Multiple Choice $(36,144) $(4.000) $39500 $6,144 $(3,356) < Prev