Check my work Wendell's Donut Shoppe is investigating the purchase of a new $40,000 donut-making machine. The new machine would permit the company to reduce the amount of part-time help needed, at a cost savings of $5,200 per year. In addition, the new machine would allow the company to produce one new style of donut, resulting in the sale of 2,000 dozen more donuts each year. The company realizes a contribution margin of $2.40 per dozen donuts sold. The new machine would have a six-year useful life. Click here to view Exhibit 148-1 and Exhibit 14B-2; to determine the appropriate discount factor(s) using tables Required: What would be the total annual cash inflows associated with the new machine for capital budgeting purposes? 2. What discount factor should be used to compute the new machine's internal rate of return? (Round your answers to 3 decimal places.) 3. What is the new machine's internal rate of return? (Round your final answer to the nearest whole percentage.) 1 Annual cash inflows 2 Discount factor 3. nomal rate of return % Penios 5 6% 7% 8% 9% 10% 11% 12% 13% 14% 153 16% 17% 195 20% 23 24 1 0.962 0.952 0913 0935 0926 0917 0.909 0.901 0.893 0.885 0.877 0.870 0.862 0.855 0.847 0.840 0.833 0.825 0.820 0.813 0.005 0.800 2 0925 0907 0890 0.873 0857 0342 0.826 0.812 0797 0.783 0.769 0756 0.743 0.731 0.7180.705 0.694 0.683 067 0661 0650 0640 3 0.899 0.864 0.840 0.816 0794 0.772 0751 0.731 0.712 0.693 06750658 0.641 0.624 0.609 0.593 0.579 0.564 0.551 0537 0524 0512 4 0855 0823 0.792 0.763 0.735 07080683 0.659 0636 0.613 0.92 0572 0.552 0.534 0516 0.499 0.482 0.467 0.451 0437 0423 0.410 5 0822 0784 0347 0713 0689 0.650 0.621 0.593 0.567 0.543 0519 0497 0.476 0.456 0437 0.499 0402 0.396 0370 0355 0.341 0329 3 0.790 0.746 0705 0666 0630 0.596 0.564 0.535 0.507 0.480 0456 0.432 0.490 0390 0370 0352 0.335 0.319 03030289 0.275 0.262 7 0750 0.711 0.665 0.623 0.5830.547 0.53 0.482 0.452 0.425 0.400 0.376 0354 0.333 0.314 0.296 0.279 0.263 0.249 0235 0.222 0.210 0731 06770627 0.582 0.540 0502 0.467 0.434 0.404 0.376 0351 0.327 0.305 0285 0.266 0249 0233 0.21 0.2040191 0.179 0163 9 0303 0.545 0592 0.544 0.500 0.460 0.424 0.391 0.361 0.333 0.308 0284 0.263 0.213 0225 0209 0.194 0.1900167 0155 014 0134 10 0.676 0.614 0.558 0508 0463 0422 0.386 0352 0.322 0.296 0.270 0.247 0.227 0.208 0191 0176 0162 0.549 0137 0126 016 0107 0650 0585 0.527 0.475 0.429 0.308 0.350 0.31 0.287 0261 0.237 0.2150195 0.178 0162 0.148 0.135 0.123 0.112 0:103 0.094 0.080 12 0.625 0.557 0.4970444 0.397 0.356 0.319 0.285 0257 0231 0.208 0187 0168 0152 0.137 0124 01120102 0.092 0.003 0.078 0.069 0.601 0530 0469 04150.368 0.326 0.290 0.258 0229 0.204 0.182 0163 0.145 0.130 0.116 0.04 0.093 0.034 0.075 0.068 0.061 0055 14 0577 0505 04420388 0.340 0.299 0.263 0.232 0.205 0181 0.3600341 0.125 0.111 0.099 0.008 0.078 0.069 0.002 0.055 0049 000 15 0.555 0.481 0.41 0.362 0.315 02750239 0209 0163 0.160 0940 0123 0.308 0.095 0.084 0.074 0.065 0.057 0.051 0045 0.000 0.035 0534 04580394 0.339 0.292 0252 0218018809530141 0123 0907 0.093 0.061 0.071 0.062 0.054 0047 00420036 0.022 0.028 0.50 0.06 037 0317 0.270 0221 0198 010 0506 0125 000 0.000 0.000 0.009 0.060 0,052 0.045 0039 0.004 0.030 0.026 0.023 15 0.494 0.4% 0.750 0290 0.250 0212 0180 0153 000 0.11 0.095 000 00690059 0.051 004 0038 0032 0.029 0024 0.021 0098 0.475 090 0210277 0232 0114 0164 on 0.45 0.09 0.003 0.00 0.000 0.051 0.003 0.007 0.031 0.027 0.023 00200017001 20 0456 0.371 032 023 0.215 008 0349 0124 0004 0.007 0.073 0.00 0.05 0.005 0.037 0031 0.025 0.022 009 0.010 2011 2012 21 0,439-0290204 0242 0.199 0564 0135 0112 0033 007 0064 0.053 0.04 0.037 0.031 0026 0.002 0018 0.005 0.00 0.011 2009 22 0422034202790226 0164 015001230101 0083 0.068 0.056 0.046 0.008 0.032 0.026 0022 0018001500100110.009 0.007 0.4060326 0262 0201 0170 0136 0:12 0.091 0.074 0.060 0.049 0040 001 0.027 0.022 0.018 0010012 0.00 0.00 0.007 0.006 24 0390 0.30 0247 0.197 0.1580126 0102 0.002 0.066 2053 0.043 0.035 0.029 0.023 0.019 005 0.013 0010 0.00 0.00 0.008 0.005 25 0775 255 07301040 0.092 0.074 0.00 0.007 0.030 0.000 0.00 0.00 0.016 000 0.00 0.00 0.00 0.00 0.005 000 0561020102200172 00106 0.0040066 003 0042 0.022 0.024 0.021 001/ 003 con 0.000 0.00 0.006 000 0004 0003 27 0347 0 0 2016101 0.125 0.000 0.00 0.000 0.00 0.007 0.029 002 0010 0000 0000 0.007 0.000 0.005 004 0.003 0002 20 00265 016 0150096 0.000 0.000 0054 000 0.00 0.000 000 00012 0010 0000 0.000 0.00 0.00 0.00 0.0020002 23 0121000 011 0107 0.002 0.003 0048 000 0029 0.022 0.00 0.00 con 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 30 0.300 2000096 0.075 0.057 0044 03 0.020 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.001 02000 0.09 0.067 0.06 0.002 0.002 0015 000 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 0.000 0000 0000 0000