QS 26-15 (Algo) Net present value of an annuity LO P3 A company is considering investing in a new machine that requires an initial investment of $46,239. The machine will generate annual net cash flows of $20,252 for the next three years. The company uses an 12% discount rate. Compute the net present value of this investment (PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Chart Values are Based on: % Select Chart Amount X PV Factor Present Value Cash Flow Annual cash flow Net present value