The following present value factors are provided for use in this problenm. Present Value of $1 at 8% .9259 e.8573 0.7938 e.7350 Present Value of an Annuity of $1 at 8% 0.9259 1.7833 2.5771 3.3121 Periods 6 49 Xavier Co. wants to purchase a machine for $36,800 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 $11,800 in each of the four years. What is the machine's net present value