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Question 19 (2 points) Nit Company is considering the purchase of a $40,000 machine. The machine has a 5-year useful life and an expected cash

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Question 19 (2 points) Nit Company is considering the purchase of a $40,000 machine. The machine has a 5-year useful life and an expected cash benefit of $10,000 annually. The firm's cost of capital is 12%. What is the net present value of the machine? $(11,628.50) $36,047.80 $10,000 $(3,952.20) Page 19 of 50

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