1 po The management of Kunkel Company is considering the purchase of a $31000 machine that would reduce operating costs by $8,500 per year. At the end of the machine's five-year useful ife, it will have zero salvage value. The company's required rate of return is 19% Click here to view Exhibit 48.1 and Exhit 148.2. to determine the appropriate discount factors) using table. Required: 1 Determine the net present value of the investment in the machine 2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? Complete this question by entering your answers in the tabs below. Bock H Required 1 Haulted 2 Determine the net present value of the investment in the machine. (Negative amounts should be indicated by a minus sign Round your fine answer to the rest whole dollar amount. Use the appropriate table to determine the discount factors et procent value Required 2 > Recep