Zinc Corp. is planning to purchase a new machine. The initial investment outlay is expected to be $40,000, and the annual supplemental operating cash flows that the machine is expected to generate during its three-year life are $11,000, $15,000, and $18,000, respectively. The company's required rate of return is 9 percent. Which of the following statements is correct about the machine's net present value (NPV) and the decision of Zinc Corp. should make?

Reject the project because NPV = -$3,384

Reject the project because NPV = $16,981

Accept the project because NPV = $4,000

Accept the project because NPV = -$4,382

Accept the project because NPV = $76,616