Sandhill Manufacturing is considering the purchase of new computerized equipment. The machine costs $73500 and would generate $21560 in annual cost savings over its 5-year life. At the end of 5 years, the equipment would have a $4900 salvage value. Sandhills required rate of return is 14%. Click here to view the factor table. Using the present value tables, the machines net present value is (round to the nearest dollar)

$519.

$518.

$3063.

$74018.