A company can buy a machine that is expected to have a three-year life and a $24,000 salvage value. The machine will cost $1.776.000 and is expected to produce a $194,000 after-tax net Income to be recelved at the end of each year if a table of present values of $1 at 12% shows a es of O 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 Invest ment discounted at 12%? Multple Choice 5570,06 3694676