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(Ignore income taxes in this problem.) Boston Company is contemplating the purchase of a new machine on which the following information has been gathered: Cost

(Ignore income taxes in this problem.) Boston Company is contemplating the purchase of a new machine on which the following information has been gathered: Cost of the machine $38,900 Annual cash inflows expected $10,000 Salvage value $ 5,000 Life of the machine 6 years The company's discount rate is 16%, and the machine will be depreciated using the straight-line method. Given these data, the machine has a net present value of: -$26,100. -$23,900. $0. +$26,100

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