Mystic Metal Stamping is analyzing a special investment project. The project will require the purchase of two machines for $20,000 and $8,000 (both machines are required). The total residual value at the end of the project is $1,800. The project will generate cash inflows of $8,000 per year over its 8 -year life. If Mystic requires a 8% return, what is the net present value (NPV) of this project? (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) A. $18,948 B. $17,976 C. $1,040 D. $2,579