View previous attempt Vextra Corporation is considering the purchase of new equipment costing $35,500. The projected annual cash inflow is $11,100, 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% TH 1 0.8929 2 1.6901 2.4018 4 3.0373 What is the net present value of the machine? Multiple Choice $(33,714) $(3,200). $35,500 $3,714 $(1,786) The following present value factors are provided for use in this problem. Present Value Present Value of an Periods of $1 at 11% Annuity of $1 at 11% 1 0.9009 0.9009 2 0.8116 1.7125 3 0.7312 2.4437 4 0.6587 3.1024 Cliff Co. wants to purchase a machine for $42,000, but needs to earn a return of 11%. The expected year-end net cash flows are $14,000 in each of the first three years, and $18,000 in the fourth year. What is the machine's net present value? Multiple Choice $(7,788) $4,069. $46,069 $(30,143). $60,000