(Ignore Income Taxes in This Problem

(Ignore income taxes in this problem.) Whitton Corporation uses a discount rate of 16%.The company has an opportunity to buy a machine now for $18,000 that will yield cash inflows of $10,000 per year for each of the next three years.The machine would have no salvage value.The net present value of this machine is closest to:

A) $22,460
B) $4,460
C) $(9,980)
D) $12,000