Vextra Corporation is considering the purchase of new equipment costing $44,000. The projected annual cash inflow is $12,800, 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 annuity of $1 for different periods follows: Periods 128 1 0.8929 2 1.6901 3 2.4018 4 3.0373 Compute the net present value of this investment (rounded to the nearest whole dollar). Multiple Choice $(38,877) $(2.300).