Butler Corporation is considering the purchase of new equipment costing $51,000. The projected annual after-tax net income from the equipment is $1,900, after deducting $17,000 for depreciation. The revenue is to be received at the end of each year. The machine has a useful life of 3 years and no salvage value. Butler requires a 10% return on its investments. The present value of an annuity of 1 for different periods follows: Periods 10 Percent 1 0.9091 2 1.7355 3 2.4869 4 3.1699 What is the net present value of the machine?