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Required information [The following information applies to the questions displayed below.] A company is considering investing in a new machine that requires a cash payment

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Required information [The following information applies to the questions displayed below.] A company is considering investing in a new machine that requires a cash payment of $51,939 today. The machine will generate annual cash flows of $20,885 for the next three years. Assume the company uses an 7% discount rate. Compute the net present value of this investment. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Chart Values are Based on: - Present Value Cash Flow Annual cash flow Amount x PV Factor 20,885 x | 1 $ Select Chart Present Value of an Annuity of 1 Immediate cash outflows Net present value

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