Question: Pablo Company is considering buying a machine that will yield Income of $3,100 and net cash flow of $15,800 per year for three years. The

 Pablo Company is considering buying a machine that will yield Income

Pablo Company is considering buying a machine that will yield Income of $3,100 and net cash flow of $15,800 per year for three years. The machine costs $48,300 and has an estimated $10,200 salvage value Pablo requires a 15% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation (PV of $1. FV of $1. PVA of $1, and FVA of $1) (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.) Select Chart Amount PV Factor - Present Value Cash Flow Annual cash flow Residual value Net present value

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