QS 24-15 (Algo) Net present value of an annuity LO P3 A company is considering investing in a new machine that requires an initial investment of $49,947. The machine will generate annual net cash flows of $20,084 for the next three years. The company uses an 7% discount rate. Compute the net present value of this investment. (PV of $1, EV of S1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Present Value of Net Cash Flows T PV Factor Net Cash Flows Years 1-31 $ 20,084 x $ 0 Net present value