38. The Coleman Co. produces canned tomatoes and it is considering the purchase of a new machine that would increase the speed of the canning process and save money. The cost of this machine is $40,000. The annual cash flows are projected to be the following:

Year	Cash Flow
1	$5,000
2	$10,000
3	$25,000
4	$15,000
5	$20,000

What is the net present value of selecting the new machine, assuming an interest rate of 8%?

A. $17,686

B. $97,686

C. $57,686

D. $7,868