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The following present value factors are provided for use in the problem Periods 1 2 2 4 Present Value of $1 at 8 2.9259 0.8573

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The following present value factors are provided for use in the problem Periods 1 2 2 4 Present Value of $1 at 8 2.9259 0.8573 0.7938 0.7350 Present Value of an Annuity of $1 at es 2.9259 1.7833 2.5771 3.3121 Xavier Company wants to purchase an asset for $35300 with a four-year life and a SUO salvage value Xavier requires an euron investment. The expected year-end net cash flows are $11300 in each of the four years. What is the machines net present value ground to the nearest whale collary Multiple Choice 57664 511,4731 5684 0 51 473 337,573

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