Homework $($i

$.$Animals Inc. is considering a machine that will cost $$18,000$ and which can be sold after three years for $$2000.$ The machine will save animals cost of $$18,000$ per year for three years. The machine will be depreciated on a straight line basis over three years to a zero salvage value animals has a $20\%$ tax rate and a $10\%$ cost of capital what is the NPV$?$

Multiple Choice

$$22,797$

$$20,796$

$$21,997$

$$26,580$