29,30 question

Ivanhoe Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer- aided design and manufacturing machine for $423,000. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $111.772 for the next 6 years. Management requires a 10% rate of return on all new investments. Click here to view PV table. Calculate the internal rate of return on this new machine. (Round answer to decimal places, eg 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Internal rate of return % Should the investment be accepted? The investment be accepted should should not Savetor Line Attempts: 0 of 1 used Submit Answer Question 30 of 30 -12 View Policies Current Attempt in Progress A plant asset originally cost $64,000 and was estimated to have a $4,000 salvage value at the end of its 5-year useful life. If at the end of three years, the asset was sold for $12,000, and had accumulated depreciation recorded of $36,000, the company should recognize a on disposal in the amount of 5 profit Save for Lets loss Attempts. O of 1 used Submit