QS $24-17($Algo$)$ Net present value of annuity and salvage value LO P$3$

$6\mathrm{.}25$ points

Pablo Company is considering buying a machine that will yleld income of $$3,200$ and net cash flow of $$14,500$ per year for three years. The machine costs $$45,900$ and has an estimated $$12,000$ salvage value. Pablo requires a $10\%$ return on its investmenta. Compute the net present value of this invertment. $($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 o minus sign. Round your present value factor to $4$ decimals.$)$

$\backslash$table$[[,,$FMEF,$x,$PV Faotor,$=,\backslash$table$[[$Procant Valus of$],[$Not Cash Flowe$]]],[$Yours $1-3,5,14\mathrm{.}500,x,,=,3],[$Venr $3$ anlvage,$5,12000,x,,=,0],[$Totals$,,,,,=,],[$Intial invostmont,,,,$**,=,],[$Net presient valus,,,,,$=,]]$