8.95% 9.43% 10.43% 11.59% William LaForge buys a machine for his business. The machine costs $150,000. William estimates that the machine can produce $40,000 cash inflow per year for the next five years. William's cost of capital is 10 percent. What is the approximate net present value? $1, 632 $16, 796 $24, 212 $31, 632 Kenner Broom buys a machine for his business. The machine costs $150,000. Kenner estimates that the machine can produce $40,000 cash inflow per year for the next five years. His cost of capital is 12