Shelby American Industries purchased a machine with an estimated useful life of seven years. The machine will generate cash inflows of $8,000 each year over the next seven years. The machine has no salvage value at the end of seven years. If Falcon's discount rate is 10%, and if the net present value of this investment is $17,000 then the purchase price of the machine was closest to O $43.812 $22.000 $26.812 $17,000