qizz$13$Butler Corporation is considering the purchase of new equipment costing $$57,000.$ The projected annual

income from the equipment is $$2,100,$ after deducting $$19,000$ for depreciation. The revenue is to be

received at the end of each year. The machine has a useful life of $3$ years and no salvage value. Butler

requires a $8\%$ return on its investments. The present value of an annuity of $$1$ for different periods follows:

What is the net present value of the machine $($rounded to the nearest whole dollar$)?$

Multiple Choice

$$48,965.$

$$(2,623).$

$$57,000.$

$$54,377.$

$$2,100.$