Grouper Dogey, Inc produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manyper, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machine he wants will cost $250,000. In addition, Austin estimates that the new machine will increase the company's annual net cash flows by $38,500. The machine will have a 12 -year useful life and no salvage value. Click here to view PV tables. (a) Calculate the cash payback period. (Round answer to 2 decimal places es 15.21) Calculate the machine's net present value using a discount rate of 10% (Use the above table.) (Round foctor values to 5 decimol ploces, es. 1.25124 and final answer to 0 docimol ploots es. 5,275.) Net present value $