Poe Company is considering the purchase of new equipment costing $87.000. The projected annual cash inflows are $37.200, 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 S1 and present value of an annuity of $1 for different periods is presented below. Compute the net present value of the machine. Present Value Present Value of an Periods of $1 at 10% Annuity of $1 at 10% 0.9091 0.9991 2 0.8264 1.7355 0.7513 2.4869 0.6830 3.1699 1 3 4 Multiple Choice $(17.573) $30,920 $48,975 $130,920) $17,573