Poe Company is considering the purchase of new equipment costing $82,500. The projected net cash flows are $37,500 for the first two years and $32,500 for years three and four. The revenue is 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 Present Value Present Value of an Periods of $1 at 104 Annuity of $1 at 10% 1 0.9091 8.9091 2 0.8264 1.7355 3 0.7513 2.4869 0.6830 3.1699 4 Multiple Choice O $2u58) O $0.423) $2056 59.423