The following present value factors are provided for use in this problem Periods Present Value of $1 at 8% 0.9259 0.8573 0.7938 .7350 Present Value of an Annuity of $1 at 8% 0.9259 1.7833 2.5771 3.3121 Xavier Co. wants to purchase a machine for $37,600 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 $12,600 in each of the four years. What is the machine's net present value? S4,132). $42,467. $4,867