TB MC Qu. 26-107 (Algo) The following present value factors are provided... The following present value factors are provided for use in this problem. Present Value Periods of $1 at 8% Present Value of an Annuity of $1 at 8% 1 0.9259 0.9259 2 0.8573 1.7833 3 4 0.7938 0.7350 2.5771 3.3121 Xavier Company wants to purchase an asset for $37,900 with a four-year life and a $1,000 salvage value. Xavier requires an 8% return on investment. The expected year-end net cash flows are $12,900 in each of the four years. What is the machine's net present value (round to the nearest whole dollar)? Multiple Choice $5,561. $4,826. $43,461