eBook Payback, Accounting Rate of Return, Net Present Value, Internal Rate of Return Follow the format shown in Exhibit 123.1 and Exhibit 128.2 as you complete the requirement below. Blaylock Company wants to buy a numerically controlled (NC) machine to be used in producing specially machined parts for manufacturers of trenching machines. The outlay required is $537,856. The NC equipment will last five years with no expected salvage value. The expected after-tax cash flows associated with the project follow: Year Cash Revenues Cash Expenses 1 $1,300,000 $1,100,000 2 1,100,000 1,300,000 1,300,000 3 1,100,000 4 1,300,000 1,100,000 5 1,300,000 1,100,000 Required: Compute the investment's Internal Rate of return. Enter as a percent. If required, round your answer to the nearest whole percent. IRR = % Exhibit 128.1 Present Value of a Single Amount 2% 19 34 49 5% 6% 7 89 9% 10% 12%. 14% 16% 18% 20% 259. 30% 10.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.89286 0.87219 0.86207 0.84746 0.83333 0.80000 0.76923 2 0.98030 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 0.79719 0.76947 0.74316 0.71818 0.69444 0.64000 0.59172 3 0.97059 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 075131 0.71178 0.67497 0.64066 0.60863 0.57870 0.51 200 0.45517 4 0.96098 0.92385 0.88849 0,85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 0.63552 0.59208 0.55229 0.51579 0.48225 0.40960 035013 5 0.95147 0.90573 0.86261 0.82193 0.78353 0.74726 0.71299 0.68058 0.64993 0.62092 0.56743 0.51937 0.47611 0.43711 0.40188 0.32768 0.26933 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 0.59627 0 56447 0 50663 0.45559 0.41044 0.37043 0 33490 0.26214 0 20718 7 0.93272 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54203 0.51316 0.45235 0.39964 0.35383 0.31393 0.27908 0.20972 0.15937 8 0.92348 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0.40388 0.35056 0.30503 0.26604 0.23257 0.16777 0.12259 9 0.91434 0.83676 0.76642 0.70259 0.64461 0.59190 0.54393 0.50025 0.46043 0.42410 0 36061 0.30751 0.26295 0.22546 0.10381 0.13422 0.09430 10. 0.90529 0.82035 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0.32197 0.26974 0.22668 0.19106 0.16151 0.10737 0.07254 11 0.89632 0.80426 0.72242 0.64958 0.58468 0.52679 0.47509 0.42888 0.38753 035049 0.28748 0.23662 0.19542 0.16192 0.13459 0.08590 0.05580 12 0.88745 0.78849 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 0.35553 0.31663 0.25668 0.20756 0.16846 0.13722 0.11216 0.06872 0.04292 13 0.87866 0.77303 0.68095 0.60057 0.53032 0.46884 0.41406 0.36770 0.32618 0.28966. 0.22917 0.18207 0.14523 0.11629 0.09346 0.05498 0.03302 14 0.86996 0.75788 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 0.29925 0.26333 0.20462 0.15971 0.12520 0.09855 0.07789 0.04398 0.02540 15 0.86135 0.74301 0.64186 0.55526 0.48102 0.41727 0.36245 0.31524 0.27454 023939 0.18270 0.14010 0.10703 0.08152 0.06491 0.03518 0.01954 16 0.85282 0.72845 0.62317 0.53391 0.45511 0.39365 0.33873 0.29189 0.25187 021763 0.16312 0.12289 0.09304 0.07078 0.05409 0.02815 0.01503 17 0.84438 0.71416 0.60502 0.51337 0.43630 0.37136 031657 0.27027 0.23107 0.19784 0.14564 0.10780 0.08021 0.05998 0.04507 0.02252 0.01156 18 0.83602 0.70016 0.58739 0.49363 0.41552 0.35034 0.29586 0.25025 0.21199 0.17986 0.13004 0.09456 0.06914 0.05083 0.01756 0.01801 0.00889 19 0.82774 0.68643 0.57029 0.47464 0.39573 0.33051 0.27651 0.23171 0.19449 0.16351 0.11611 0.08295 0.05139 0.04308 0.03130 0.01441 0.00684 20 0.81954 0.67297 0.55368 0.45639 0.37689 0.31180 0.25842 0.21455 0.17843 0.14864 0.10367 0.07276 0.05139 0.03651 0.02608 0.01153 0.00526 21 0.81143 0.65978 0.53755 0.43883 0.35894 0.29416 0.24151 0.19866 0.16370 0.12511 0.09256 0.06383 0.04430 0.03094 0.02174 000922 0.00405 22 0.80340 0.64684 0.52189 0.42196 0.34185 0.27751 0.22571 0.18394 0.15018 0.12285 0,08264 0.05599 0.03819 0.02622 0,01811 0.00738 0.00311 23 0.79544 0.63416 0.50660 0.40573 0.32557 0.26180 0.21095 0.12032 0.13778 0.11168 0.07379 0.04911 0.03292 0.02222 0.01509 0.00590 0.00239 24 0.78757 0.62172 0.49193 0.19012 0:31007 0.24698 0.19715 0.15770 0.12640 0.10153 0.06588 0.04308 0.02838 001883 0.01258 0.00472 0.00184 25 0.77977 0.60953 0.47761 0.37512 0.29530 0.28300 0.18425 0.14602 0.11597 0.09230 0.05882 0.03779 0.02447 0.01596 0.01045 0.00378 0.00142 26 0.77205 0.59755 0.46369 0.36069 0.28124 0 21981 0.17220.0.13520 0.10639 0,08391 0.05252 0.03315 0.02109 0.01352 0.00874 0.00302 0.00100 27 0.76440 0.58586 0.45019 0.34682 0.26785 0.20737 0.16001 0.12519 0,09761 0.07628 0.04689 0.02908 0.01818 0.01146 0.00728 0.00242 0.00054 28 0.75654 0.57437 0.43708 0.33348 0.25509 0.19563 0.15040 0.11591 0.00955 0.06934 0.04187 0.02551 0.01567 0.00971 0.00607 0.00199 0.00065 29 0.74934 0.56311 0.4245 0.32065 0.24295 0.18456 0.14056 0.10733 0.08215 0.06304 003738 0.02237 0.01351 0.0002 0.00506 0.00155 0.00050 30 0.74192 0.55207 0.41199 0.30832 0.23138 0.17411 0.13137 0.09938 0,07537 0.05731 0.03333 0.01963 001165 0.00697 0.00421 0.00124 0,00038 Exhibit 123.2 Present Value of an Annuity 196 2% 54 7 896 9 10% 12% 74% 1696 TRS 2046 1 25% 0.99010 0.98039 0.97087 0.96154 0.95223 094340 0.93455 0.92593 0.917430.000 0.89286 0719 0.86207 0.84745 0.33313 0.80000 0.74922 304 2 1.97040 1.94156 1.91347 1.88609 1.85941 1.83339 180802 1.78326 1.75911 1.73554 1.6.2005 1.64666 1.60523 1.56564 1.52778 144000 1.38095 32.94099 2.88388 2.82861 2.77509 2.72325 2.67301 2.62432 2.57710 25312924868 2.40183 212163 2.24589 2.17427 2.10648 1.95200 1.81611 4 3.90197 3.80771 3.71710 162990 354595 3.46511 38721 3.31211 323972316087 3.01715 2.91371 2.79818 2.69006 2.58873 236160 2.16624 5 4.85343 4.71346 457971 445182 4.32948 421236 4.10020 3.99271 3.889653.79079 3.60478 343308 3.27429 3.12717 2.99061 2.68928 245557 6 5.79548 5.60143 S41719 524214 5.07569 4.91732 4.76654 4.62288448592435526 411141 3.88367 1.68474 2.49760 3.12551 205142 2.64275 7 672819 6.47199 6.21028 600205 5.78637 8.58238 5.38929 5.20637 503295 486542 456176 428830403857 281153 3.60459 3.16114 2.80211 8 7.65168 732548 7.01969 6.73274 6.46321 6.20979 5.97130 574664 5.534825.33493 4.96764 463886 424359 4.07757 3.83716 112891 2.92470 9 8.56602 8.16724 7.78611 7.43533 7.10782 6.80169 6.51523 6.24689 5.99525 5.75902 5.12825404637 460654 4.10302 403097 3.46311 2.01000 10 9.47110 8.98259 8.53020 3.11090 7.721737.36009 2.02158 671008 6.417666.14459 5.65022 5 21612483323 449409 419247 3.57050 1.09154 11 10.36763 9.78685 9.25262676048 8.30641 7.88687 749867 7.13896 6.80519 6.49906 5.91770 5.45273 502864 465601 4.32706 3.65640 214714 12 11.25508 10 57534 0.95400 9.38507 6.86325 8.28384 794260 7.53608 7.160736.31369 6.19437 5.66029 519711 4.79122 443922 3.72512 3.19026 13 12.13374 11.34817 10.63496 9.98565 9.39357 8.85268 8.35765 7.90378 7.486907,10336 6.42355 5.84236. 5.34233 490951 453266 378010 322128 14 13.00370 12.10625 11.29607 10.56312 9.80854 9.29498 8.74547 8.24424 7.786157.16660 662517 6.00207 546753 5.00506 461057 3.82408 24867 15 13.86505 12.84926 11.93794 11.11839 10.37966 9.71225 9.10791 885948 8.060697.60608 681086 6.14217 5.57546 5. 4.67547 3.85926 126821 16 14.71787 13.57771 12.56110 11.65230 10.83777 10.10500 9.44665 885137 8.312567.52171 6.97399 6.26506 566850 5.16215 4.72956 3.88741 328324 17 15.56225 14.29187 111661212.16567 11.27407 10.47726 9.76322 9.12164 25416102155 7.11951 637286 74870 522234.77461 1.00001 1.20480 18 16.39827 14.99203 13.75351 1265930 11 68959 10.82760 10.05909 9.37189 8.755638 20341 724967 6.46742 5.81785 5.27316 481219 7.92704 2.70360 19 17.22601 15,67846 14.32380 13.13394 12.08532 11.158121033560 9.60360 8.95011 836492 736578 655037 589746 531624 484250 104235331053 2018.04555 16 35143 14.5774712590331246221 1146992 10 59401 981815 9.12855 8.51356 746044 6.62313 5.92884 515275 486951 195158 1579 21 18.85698 17.01121 15:41502 14.02916 12,82115 11.76408 10.53553 10.01680 9.292248.64869 736200 6.66696 5.92314 538368 489132 3.96311 2.11984 22 19.66038 176630S 1503692 14 4511213.16300 12.04158 11.06124 10.20074 9442438 77154 7.646S 6.74204 601131 S40990 4,90941 197049 1.2296 23 20.45582 18.29220 16.44361 148568413.48857 1230338 11.27219 10. 17106 95802188322 731541 679206 60425 543212 492453 397620 112535 24 21.243391801392 169355415 24696 13.79864 12.55036 11.46933 10.52876 9.70661 8.95474 77802 683514 607263 5.45095 493710 298111 112719 25 22.0231619 52346 17 41315 15.62208 14.09394 1278116 11.6515510,67476 0.12258 9.07704 7,84714 689293 600700 44001 404759 2040 212061 26 2279520 20.1210417 87684 15.98272 14,37519 13.00317 11.82578 10.80998 9.92897 9.16095 7.89566 6.90608 611818 5:4804 4.056 0297 32970 27 23.55961 20.70690 18.12703 16.12959 14.643031321051 11.98671 10.93516 10.02658 9.21722 794255 693515 613636 549189496360 3.090 1.33054 28 24.3164421.28127 1876411 16.66306 14.89813 13:40616 1213711 11.05108 10.11613 9.30657 7.08442 69606615204 5.5016 406967 1.99226 3116 29 25.06579 21.84418 19.18845 16.98371 15.14107 13.50072 12.27767 11.15841 10.10828 9.36061 802181 695304 616555 5098) 4.9747299381 1.33168 30 25.80771 22.30646 19460044 17.2920) 15.37245 13.763 12.0004 11.25778 10.273659.42601 8.05518 7.00266 6.77720 551651 4.07891 300505 2106