ABC Company is considering the purchase of a new machine, . The machine is expected to have a three-year life. . The machine will have a $22.000 salvage value. The machine costs $1,768,000. . The machine is expected to produce a $192,000 after-tax net income to be received at the end of each year. A table of present values of $1 at 12% shows values of: 0.8929 for one year . 0.7972 for two years 0.7118 for three years What is the net present value (NPV) of the cash flows from the investment, discounted at 12%? . Multiple Choice $566,593 $1,874,731