Need help.

Wildhorse Manufacturing is considering the purchase of a new sewing machine that costs $18400. The machine, because of its efficiency, will save about $ 4000 in cost each year. The machine is expected to have a salvage value of $ 3000 and a life of 6 years. Wildhorse's required rate of return is 14%. Click here to view the factor table. Using the present value tables, what is the machine's net present value? (round to the nearest dollar) O $15400 O $-1478 O $ 24000 $1367