The following present value factors are provided for use in this problem. Present Value Present Value of an Periods 1 of $1 at 8% Annuity of $1 at 8% 0.9259 0.9259 2 0.8573 1.7833 3 8.7938 2.5771 4 0.7350 3.3121 Cliff Company wants to purchase an asset for $58,000, but needs to earn a return of 8%. The expected year-end net cash flows are $22.000 in each of the first three years, and $26,000 in the fourth year. What is the machine's net present value (round to the nearest whole dollar)?