12 The management of Kunkel Company is considering the purchase of a $14.000 machine that would reduce operating costs by $10,000 per year. At the end of the machine's five year useful life, it will have zero salvage value. The company's required rate or return is 11% Click here to view Exhibit:14:1 and Exhibit:943-2. to determiese the appropriate discount factoris) using table: Required: 1. Determine the net present value of the investment in the machine. 2. What is the diference between the total undiscounted cash inflows and cost outflows over the entire life of the machine? Complete this question by entering your answers in the tabs below. inquired Required 2 Determine the net present value of the investment in the machine (Negative amounts should be indicated by a minussion Round your final to the heart wil dollar mount the propriate to determine the discount factor) Required 2 > BALL S Proy 12 of 14 Next >