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Pablo Company is considering buying a machine that will yield income of $3,000 and net cash flow of $19,000 per year for three years. The

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Pablo Company is considering buying a machine that will yield income of $3,000 and net cash flow of $19,000 per year for three years. The machine costs $57,900 and has an estimated $9,900 salvage value. Pablo requires a 5% return on its investments. Compute the net present value of this investment. (PV of S1. FV of S1, PVA of S1, and FVA of \$1) (Use approprlate factor(5) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.)

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