RL Enterprises wants to buy a machine that costs $172,000, has a 10-year life, and has a $7,000 salvage value. Annual inflows are $68,000 and annual outflows are $23,000. RL requires a 12% return, which has an annuity present value factor of 5.6502 and a single future amount present value factor of 0.3220. What is the NPV of this purchase to the nearest dollar?

• A
• :
• $47,560
• B
• :
• $54,041
• C
• :
• $84,513
• D
• :
• $62,404