The other choice not shown is (35,233)

27 Vextra Corporation is considering the purchase of new equipment costing $38,000. The projected annual cash Inflow is $11,600, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Vextra requires a 12% return on Its Investments. The present value of an annulty of $1 for different periods follows: Periods 2.5 points Nm 12% 0.8929 1.6901 2.4018 3.0373 8 00:27:50 What is the net present value of the machine? Multiple Choice O $13.700). $38.000 o o $12.767) o $5.233