Vextra Corporation is considering the purchase of new equipment costing $39,500. The projected annual cash inflow is $11,900, 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 $(3,356). $6,144. $(4,000). $(36,144). $39,500.