Poe Company is considering the purchase of new equipment costing $82,000. The projected net cash flows are $37,000 for the first two years and $32,00 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 presented below. Compute the net present value of the machine. $(20, 071). $(8, 518). $20, 071. $8, 518. $28, 115