Blossom Inc. wants to purchase a new machine for $45,800, excluding $1,500 of installation costs. The old machine was puirchased 5 years ago and had an expected economic life of 10 years with no salvage value. The old machine has a book value of $2,400, and Blossom Inc. expects to sell it for that amount. The new machine will decrease operating costs by $10,000 each year of its economic life. The straight-line depreciation method will be used for the new machine for a 6 -year period with no salvage value Click here to view PV table Determine the approximate internal rate of return. (Round answer to 0 decimal ploces es. 13\%. For calculation purposes, use 5 decimal ploces as displayed in the factor table provided) Internal rate of return