Grouper Dogsy, Inci produces and sells corn dogs. The corn dogs are dipped ty hand. Austin Beagle, production manager, is conisidering purchasing a machine that will make the com dogs. Austin has shopped for machines and found that the machine he wants will cost $250,000. Inaddition, Austin estimates that the new machine will increase the compamy's annual net cash flows by $38,500. The machine will hove a 12 year useful life and nosalvage value Click here to view PV tables (a) Calculate the cach paybock period, (Round answer to 2 decimal ploces es. 15.21.) Cash payback period Attempts: 1 of 3 used (c) Calculate the machine's nit present value using a discoont rate of 10 (Use the above table) (Round focter values to 5 decims) pboces, es. 1.25124 and final antwer to 0 decimal places, e. . 5,275. Net present value