The following present value factors are provided for use In this problem. Present value of 1 at 12% Present value of an annuity of 1 at 12% 0.8929 1.6901 Periods 0.8929 0.7972 0.7118 0635524018 3.0373 Cliff Co. wants to purchase a machine for $60,000, but needs to earn an 12% return. The expected year-end net cash flows are $23,000 in each of the first three years, and $27000 In the fourth year. What is the machine's net present value (round to the nearest whole dollar)? O $4759) $12.400. O $72.400. $(42,841). O $96,000o