At the end of each of the next four years, a new machine is expected to generate net cash flows of $9,000, $14,500, $13,000, and $19,000, respectively. What are the cash flows worth today if a 10% interest rate properly reflects the time value of money in this situation? (FV of $1, PV of $1, FVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided.)
Multiple Choice
$42,910
$44,110
$55,500
$29,932