The following present value factors are provided for use in this problem. Present valuePresent value of an of $1 at 8% Annuity of $1 at 8% Periods .9259 0.8573 0.7938 .7350 .9259 1.7833 2.5771 3.3121 Xavier Co. wants to purchase a machine for $36,600 with a four-year life and a $1,200 salvage value. Xavier requires an 8% return on investment. The expected year-end net cash flows are $11,600 in each of the four years. What is the machine's net present value? (Round intermediate answer to the nearest whole dollar)