Question: ABC Service can purchase a new assembler for $20,573 that will provide an annual net cash flow of $6,000 per year for five years. Calculate

ABC Service can purchase a new assembler for $20,573 that will provide an annual net cash flow of $6,000 per year for five years. Calculate the net present value of the assembler if the required rate of return is 12%. (Round your answer to the nearest $10.)

	1.	$7,621
	2.	$4,568
	3.	$1,156
	4.	$1,056

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