Unequal lives—ANPV approach Evans Industries wishes to select the best of three possible machines, each of which is expected to satisfy the firm's ongoing need for additional aluminum-extrusion capacity

Unequal lives—ANPV approach Evans Industries wishes to select the best of three possible machines, each of which is expected to satisfy the firm's ongoing need for additional aluminum-extrusion capacity. The three machines—A, B, and C—are equally risky. The firm plans to use a cost of capital of 12.2% to evaluate each of them. The initial investment and annual cash inflows over the life of each machine are shown in the following table. 
                                     Machine A     Machine B       Machine C

 Initial investment           $92,400        $64,100          $100,500

 Year (t )                                            Cash inflows (CFt)

  1                                   $11,100        $11,000           $29,300

   2                                    11,100          20,300             29,300

   3                                    11,100          30,800             29,300

   4                                     11,100          39,800            29,300

   5                                     11,100                                 29,300 
 The net present value for machine A is $ . (Round to the nearest cent.)