Question: Please help me solve this question. Here is the complete question below. Sturn Corporation purchased a machine with an estimated useful life of seven years.
Please help me solve this question. Here is the complete question below.

Sturn Corporation purchased a machine with an estimated useful life of seven years. The machine will generate cash inflows of $9,000 each year over the next seven years. If the machine has no salvage value at the end of seven years, if Stutz's discount rate is 10%, and if the net present value of this investment is $17,000 then the purchase price of the machine was closest to: $26,812 $43,812 $22,195 $17,000 82021 McGraw-Hill Education
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