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Pablo Company is considering buying a machine that will yield income of $3,200 and net...

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Accounting

Pablo Company is considering buying a machine that will yield income of $3,200 and net cash flow of $19,100 per year for three years. The machine costs $55,500 and has an estimated $7,800 salvage value. Pablo requires a 10% return on its investments. Compute the net present value of this investment. (PV of $1,FV of $1, PVA of $1, and FVA of $1)
Note: Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.
\table[[,,Flows,x,PV Factor,=,\table[[Present Value of],[Net Cash Flows]]],[Years 1-3,$,19,100,x,,=,$
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