Exercise 24-19 (Algo) Net present value; internal rate of return; equal cash flows LO P3, P4 Quary Company is considering an investment in machinery with the following information. The company's required rate of retum 12\%. (PV ol S1. EV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) a. Compute the investment's net present value. b. Using the answer from part a, is the investment's internal rate of return higher or lower than 12% ? Complete this question by entering your answers in the tabs below. Compute the investment's net present value. (Negative net present values should be indicated with a milnus slgn. Round your present value factor to 4 decimals. Round your answers to the nearest whole dallat.)