Company is considering buying a new machine that will cost $497,975. The machine is expected to last 9 years and has no salvage value. A repair to the machine costing $23,000 is expected to be needed at the end of the fifth year. The new machine is expected to generate annual net cash inflows of $79,450. Company employs a 12% cost of capital on all capital budgeting decisions. The internal rate of return (IRR) of the new machine is (ignore income tax effects in your calculations): To answer this question use the present value table factors given below. No credit will be awarded for this question using a means other than the table factors given below to answer this question. Factors from the present value of a lump sum table for: i = 12%: n = 5 0.57 n = 6 0.51 n = 7 0.45 n = 8 0.40 n = 9 0.36 n = 10 0.32 n = 12 0.26 Factors from the present value of an annuity table for: i = 12%: n = 5 3.60 n = 6 4.10 n = 7 4.50 n = 8 4.90 n = 9 5.30 n = 10 5.70 n = 12 6. 20 o greater than 12% o less than 12% O equal to 12% it is not possible to determine if the IRR is greater than, less than, or equal to 12% from the information given in the