Exercise 12-2 Net Present Value Analysis [LO12-2] The management of Kunkel Company is considering the purchase of a $33,000 machine that would reduce operating costs by $8,500 per year. At the end of the machine's five-year useful Ife, it will have zero salvage value. The company's required rate of return is 16%. Click here to view Exhibit 128-1 and Extibit 128-2, to determine the appropriate discount factor(s) using table. Required: 1. Determine the net present value of the investment in the machine. 2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? Complete this question by entering your answers in the tabs below. Determine the net present value of the investment in the machine. (Negative acnount should be indicated by a minus sign Usin the appropriate table to determine the discount factor(s) Round your final answer to the nesrest vehole dollar artiounts) Exercise 12-2 Net Present Value Analysis [LO12-2] The management of Kunkel Company is considering the purchase of a $33,000 machine that would reduce operating costs by $8,500 per year, At the end of the machine's five-year useful life, it will have zero salvage value. The company's required rate of return is 16%. Click here to view Exhibit 128-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. Required: 1. Determine the net present value of the investment in the machine. 2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? Complete this question by entering your answers in the tabs below. What is the difference between the total, undiscounted cash inflows and cash outhows over the entire life of the machine? (Any cash outflows should be indicated by a minus sign.)