Bramble Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machine he wants will cost $222,400. In addition, Austin estimates that the new machine will increase the company's annual net cash flows by $35,900. The machine will have a 12-year useful life and no salvage value. (d) Assuming Bramble Doggy, Inc's cost of capital is 11%, is the investment acceptable? Yes ter No Attempts: 0 of 1 used Submit Answer