Periods 1 2 Present Value of $1 at 114 0.9009 0.8116 0.7312 0.6587 Present Value of an Annuity of $1 at 118 0.9009 1.7125 2.4437 3.1024 Cliff Co. wants to purchase a machine for $74.000, but needs to earn a return of 17%. The expected year-end net cash flows are $30,000 in each of the first three years, and $34,000 in the fourth year. What is the machine's net present value? Multiple Choice $21707 $124.000 $[51,604 $1689 595,707