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Dancing Unicorns is considering the purchase of a machine for $76,000 that would generate an...

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Accounting

Dancing Unicorns is considering the purchase of a machine for $76,000 that would generate an annual cash flow of $23,214 each year for five years. At the end of five years, the machine would have no salvage value. The company's required rate of return is 12%; the company uses straight-line depreciation and taxes are 20%. What is the NPV of the purchase? The answers have been rounded up to the nearest dollar.

The answers have been rounded up to the nearest dollar.

Group of answer choices

$34,786

$9,051

$5,148

$1,909

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