BSU Inc. wants to purchase a new machine for $44,100, excluding $1,400 of installation costs. The old machine was bought five years ago and had an expected economic life of 10 years without salvage value. This old machine now has a book value of $1,900, and BSU Inc. expects to sell it for that amount. The new machine would decrease operating costs by $10,000 each year of its economic life. The straight-line depreciation method would be used for the new machine, for a slx-year period with no salvage value. Determine the cash payback period. (Round cash payback period to 2 decimal places, e.g.10.53.) Cash payback period years Determine the approximate internal mte of return. (Round answer to 0 decimal places, eg. 13%. For calculation purposes, use S decimal places as displayed in the factor table Internal rate of return Assuming the company has required rate of return of 9%, determine whether the new machi Should be purchased. be accepted The investment Click if you would like to Show Work for this question: Open Show Wrk