QUESTION 23 Russo Corporation is considering the purchase of a new machine for $74,000. The machine would generate an annual cash flow of $23,000 per year for five years. At the end of five years, the machine would have no salvage value. The company's cost of capital is 12 percent. The present value of an annuity at 12 percent, n-S is 3.605. What is the net present value for the machine? a. 56,915. b.576,000 C. 58,915. d. 57,686