A company buys a machine for $175,000. The machine will be depreciated on a straight-line basis over a 10-year period with a salvage value of $50,000. The company expects the machine to generate after-tax net cash inflows of $25,000 in each of the 10 years. At the end of 10 years, the machine is expected to be sold for $50,000. The discount rate is 8%. Consider these two present values: Present Value of $1 for 10 years at 8% 0.463 Present Value of an annuity of $1 for 10 years at 8% 6.71 What is the Net Present Value (NPV)? O $15,000 O $37.875 $42.500 O ML500