Flint Dogey, Inc, probuces and sells com doge: The corn dogs are dpped by hand. Austin Beagle, production manager, is considering purchating a machine that will make the corn doge. Austin hax thopped for machines and found that the machine he wants will cost o $$339,600.$ In addition. Austin estimates that the new machine will increase the company' s anrual net cash fows by $$52,300.$ The machine will have a $12$ year usefullife and no salvage vilue.

Clich here to view PV Lables.

$($a$)$

Your answer b corred.

Calculate the cach papback period $($Round mawe to $2$ decind ploxe es $1524)$

Cash payback period

Attempts: $1$ of $2$ used

$($b$)$

Your answer is correct.

Calculate the machine's internal rate of return.

Internal rate of return $$

Attempts: $1$ of $2$ used

$($c$)$

Calculate the machine's net present value using a discount rate of $10\%.($Use the above table$)($Round foctor values to $5$ decimal places, es$,125124$ and final answer to $0$ dedinal places, e$8,5,275.$j$)$

Net present value