Espresso Cleaners, a chain of dry cleaning stores, has the opportunity to invest in one of two dry cleaning machines. Machine A has a four-year expected life and a cost of $29,060. It will cost an additional $6,710 to have the machine delivered and installed, and the expected residual value at the end of 4 years is $4,000. Machine B has a 4-year expected life and a cost of $60,320. It will cost an additional $6,680 to have the machine delivered and installed, and the expected residual value at the end of four years is $5,560. Espresso has a required rate of return of 14 percent. Additional cash flows related to the machines are as follows: Item Labor saving Power saving Chemical saving Additional maintenance Additional miscellaneous Machine A Year 1 Year 2 $22,650 $22,650 1,560 1,560 3,140 3,140 (1,110 ) (1,110 ) (2,720) (2,720 ) Year 3 $22,650 1,560 3,140 (1,110 ) (2,720 ) Year 4 $22,650 1,560 3,140 (1,110 ) (2,720) Item Labor saving Power saving Chemical saving Additional maintenance Additional miscellaneous Machine B Year 1 Year 2 $28,950 $28,950 1,910 1,910 3,300 3,300 (1,380) (1,380) (2,620 ) (2,620 ) Year 3 $28,950 1,910 3,300 (1,380) (2,620 ) Year 4 $28,950 1,910 3,300 (1,380) (2,620 ) Click here to view factor tables (a) Ignoring taxes, determine the net present value of investing in machine A. (Round present value factor calculations to 4 decimal places, e.g. 1.2151 and final answer to o decimal places, e.g. 125. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net present value