TB MC Qu. 24-119 (Algo) Poe Company is considering the purchase of... Multiple Choice $(32,005). $50,164. $18,479. $32,005. $(18,479)

47 TB MC Qu. 24-119 (Algo) Poe Company is considering the purchase of... Poe Company is considering the purchase Of new equipment costing $87,500. The projected annual cash inflows are $37,700, to be received at the end Of each year. The machine has a useful life Of 4 years and no salvage value. Poe requires a 10% return on its investments. The present value Of an annuity Of SI and present value Of an annuity Of $1 for different periods are presented below. Compute the net present value Of the machine (rounded to the nearest Whole dollar). Periods Present Value of $1 at 0.9091 0.8264 0.7513 0.6830 Present Value of an Annuity of $1 at 108 0.9091 1.7355 2.4869 3.1699 Multiple Choice o o o o *32005). $50,164. $18,479 SIE 479).