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 0.7350 Present Value of an Annuity of $1 at 88 0.9259 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? Multiple Choice $2,702. $1,820. $39,302. $(2,702). $(1,820)