Help Save & Exit Submit MC Qu. 104 Butler Corporation is considering... g the purchase of new equipment costing $87,000. The projected annual after-tax net income from the equipment is $3,100, useful in of 3 years and no salvage value Butler requires a 8% return on its investments. The present value of an annuity of SI for different periods follows: after deducting $29,000 for depreciation. The revenue is to be received at the end of each year. The machine has a er 0.9259 1.7833 2.5771 3.3121 What is the net present value of the machine? Multiple Choice $82,725 Next> 19 of 40 19 of 40 Prey