7 Skipped A company is considering investing in a new machine that requires an initial investment of $60,949. The machine will generate annual net cash flows of $25,376 for the next three years. The company uses an 10% discount rate. Compute the net present value of this investment. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Net Cash Flows x PV Factor Present Value of Net Cash Flows eBook Years 1-3 $ 0 = Net present value