Butler Corporation is considering the purchase of equipment costing $30,000. The projected annual after-tax net income from the equipment is $1, 200, after deducting $10,000 for depreciation. The revenue is to be received at after at the end of year. The machine useful life of 3 years and no salvage value. Butler requires a 12% return on its investments. The present value of no annuity of 1 for different periods follows. What is the net present value of the machine? A) $30,000. B) $24, 018. C) $26, 900. D) ($29, 520). E) ($, 100)