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 $17000 for depreciation. The revenue isto 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 nex 0.9091 1.7355 2.4869 3.1699 4. What is the net present value of the machine? Multiple Choice $5.700 $47.002 S3,998). $42.277 $51,000