The following present value factors are provided for use in this problem.

Periods	Present value of 1 at 8%	Present value of an annuity of 1 at 8%
1	0.9259	0.9259
2	0.8573	1.7833
3	0.7938	2.5771
4	0.7350	3.3121

Cliff Co. wants to purchase a machine for $58,000, but needs to earn an 8% return. The expected year-end net cash flows are $22,000 in each of the first three years, and $26,000 in the fourth year. What is the machine's net present value (round to the nearest whole dollar)?

A. $17,806.

B. $75,806.

C. $92,000.

D. $(1,304).

E. $(38,890).