8 Check my work The management of Kunkel Company is considering the purchase of a $40,000 machine that would reduce operating costs by $9,500 per year. At the end of the machine's five-year useful life, it will have zero salvage value. The company's required rate of return is 13%. 2 25 points Click here to view Exhibit 1331 and Exhibit 13B2, to determine the appropriate discount factor(s) using table. ' ' 1. Determine the net present value ofthe 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? eBook H' t Complete this question by entering your answers in the tabs below. In References Required 1 Required 2 Determine the net present value of the investment in the machine. (Negative amounts should be indicated by a minus sign. Use the appropriate table to determine the discount factor(s).) Required 2 > Required 1 RequiredZ What is the difference between the total, undiscounted cash inows and cash outflows over the entire life of the machine? (Any cash outflows should be indicated by a minus sign.)