A company can buy a machine that is expected to have a three-year life and a $20,000 salvage value. The machine will cost $1760,000 and is expected to produce a $190,000 after-tax net income to be received at the end of each year If a table of present values of $1 at 12% shows values of 0.8929 for one year, 07972 for two years, and 07118 for three years, what is the net present value of the cash flows from the at 12%? Multiple Choice $1,863,699 $613.844 $562,322 KPrey 30 of 30E $1,863,699 $613,844 $562,322 $103,699 $687,533 .erex. 30 iof 30 0