BSU Inc wants to purchasc a ncw machine for $40,100, excluding $1,200 of installation costs. The old machinc was bought five ycars ago and had an cxpected cconomic life of 10 ycars without salvage valuc. This old machinc now has a book valu of $2,000, and BSU Inc expects to sell it for that amount.The new machine would decrease operating costs by $8,500 each year of its econemic life. The straight-line deprecation methed would be used for the new machine, for a six-year periad with nosalvage value Click here to view PV table. (al Determine the cash payback period. (Round cash payback period to 1 decimal place, e.g. 10.5.) Cash payback period s. 10.5) years Determine the appraximate internal rate af return. (Round answer to O decimal places, e.g. 10. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Internal rate of return Ic) Assuming the company has a required rate of retum of 7%, determine whether the new machine should be purchased The investment be accepted