Vextra Corporation is considering the purchase of new equipment costing $37,000. The projected annual cash inflow is $11,400, 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: What is the net present value of the machine (rounded to the nearest whole dollar) $(34,625). $(3,500). $37,000. $(2,375)