A Corporation is considering the purchase of a new machine costing $180,000. The machine would generate net cash inflows of $48,500 per year for 5 years. At the end of 5 years, the machine would have no salvage value. The corporation's cost of capital is 10 percent. The corporation uses straight-line depreciation. Using a spreadsheet or financial calculator, what is the net present value for the investment. Confirm your answer using the appropriate compound interest rate table.