TB MC Qu$.24-113($Algo$)$ A company can buy a machine that is

expected...$$A company can buy a machine that is expected to have a

three$-$year life and a $$36,000$ salvage value. The machine will cost

$$1,720,000$ and is expected to produce a $$206,000$ annual income to

be received at the end of each year. Annual depreciation expense is

$$604,000$ per year. If a table of present values of $$1$ at $14\%$ shows

values of $0\mathrm{.}8772$ for one year, $0\mathrm{.}7695$ for two years, and $0\mathrm{.}6750$ for

three years, what is the net present value of the cash flows from

the investment, discounted at $14\%?$Multiple Choice$$184,877$$$571,050$$$623,295$$$710,532$$$1,904,877$M