Poe Company is considering the purchase of new equipment costing $89,000. The projected annual cash inflows are $39,200, to be received at the end of each year. The machine has a useful fe 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 annulty of $1 for different perlods is presented below. Compute the net present value of the machine. Present Value of an Annuity of $1 at 18% 0.9891 1.7355 2.4869 3.1699 Present Value of $1 at 18% 0.9091 .8264 e . 7513 e.6830 Periods $53,730 Prev6 of 10 E Next> Multiple Choice $53,730 $35,260 $(35,260) $(21,196) $21,196