The following present value factors are provided for use in this problem Present Value Present Value of an Periods of $1 at 125 Annuity of $1 at 128 1 0.8929 0.8929 2 0.7972 1.6901 3 0.7118 2.4018 0.6355 3.0373 Cliff Company wants to purchase an asset for $60,000, but needs to com a return of 12%. The expected year-end net cash flows are $23,000 in each of the first three years, and $27,000 in the fourth year. What is the machine's net present value (round to the nearest whole dollar)? Multiple Choice $95,000 $14.759) $12.400 Multiple Choice 596,000 ${4.759) $12,400 $(42,841) $72,400.