Vextra Corporation is considering the purchase of new equipment costing $41,000. The projected annual cash inflow is $12,200, 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	12%
1	0.8929
2	1.6901
3	2.4018
4	3.0373

What is the net present value of the machine?

Multiple Choice

• $7,055.

• $(3,945).

• $(2,900).

• $41,000.

• $(37,055).