Henrie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes. The machine would cost $171,650, including frelght and installation. Henrle's estimated the new machine would increase the company's cash inflows, net of expenses, by $50,000 per year, The machine would have a flve-year useful life and no salvage value. Click here to vlew Exhiblt 148-1 and Exhibit 148-2, to determine the approprlate discount factor(s) using table. Required: 1. What is the machine's internal rate of return? (Round your answer to the nearest whole percentage, i.e, 0.123 should be considered as 12% ) 2. Using a discount rate of 14%, what is the machine's net present value? Interpret your results. 3. Suppose the new machine would increase the company's annual cash inflows, net of expenses, by only $47,610 per year. Under these conditions, what is the internal rate of return? (Round your answer to the nearest whole percentage, i.e. 0.123 should be considered as 12%.)