The Acu Punct Corporation is considering the purchase of a newmachine with an initial outlay of $4500 and expected cash flows inyears 1-4 of $2200 per year. The risk-adjusted discount rate forthe firm is 12% and the risk-free rate is 5%. Compute the netpresent value of this project. a. 4300 b. 2181 c. 1899 d. 1535