Poe Company is considering the purchase of new equipment costing $81,500. The projected annual cash inflows are $31700, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Poe requires a 10% return on its investments. The present value of $1 and present value of an annuity of $1 for different periods is presented below. Compute the net present value of the machine. Periods 1 Present Value of $1 at 10% 0.9091 8.8264 0.7513 8.6830 Present Value of an Annuity of $1 at 10% 8.9091 1.7355 2.4869 3.1699 2 3 Multiple Choice O $(18,986). O $35,899 O $18,986. O $(7,612). $7,612