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Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company

requires a $9\%$ return from its investments.

Assume that instead of a zero salvage value, as shown above, the machine has a salvage value of $$23,000$ at the end of its three$-$year

life. Compute the machine's net present value. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables

provided. Round all present value factors to $4$ decimal places. Round present value amounts to the nearest dollar.$)$