JT Engineering wants to purchase a machine that costs $210,000, has an estimated 10-year life, and has no salvage value. Estimated annual cash inflows are $60,000 and estimated outflows are $23,000. JT's required rate of return is 11%, which has a present value factor of 5.8892. What is the net present value (NPV) of this purchase? Round to the nearest dollar. $1,433$4,070$7,454$7,900