Pablo Company is considering buying a machine that will yield income of $$3,300$ and net cash flow of $$14,400$ per year for three years.

The machine costs $$45,300$ and has an estimated $$12,000$ salvage value. Pablo requires a $5\%$ return on its investments. Compute the

net present value of this investment. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided.

Negative amounts should be indicated by a minus sign. Round your present value factor to $4$ decimals.$)$