A company is considering investing in a new machine that requires an initial investment of $47,907. The machine will generate annual net cash flows of $19,946 for the next three years. The company uses an 10% discount rate. Compute the net present value of this investment. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Net Cash Flows Present Value of X PV Factor Net Cash Flows Years 1-3 Net present value