poe company is considering the purchase of new equipment costing $80,000. the projected net cash flows are $35,000 for the first two years and $30,000 for years three and four. the revenue is to be received at the end of each year. the machine has a useful life of 4 years and no salvage value. poe requires a 10% return on its investments. the present value of an annuity of $1 and present value of an annuity for different periods is presented below. compute the net present value of the machine (rounded to the nearest whole dollar). periods present value of $1 at 10% present value of an annuity of $1 at 10% 1 0.9091 0.9091 2 0.8264 1.7355 3 0.7514 2.4869 4 0.6830 3.1699