Henrie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes The machine would cost $151,410, including freight and installation. Henrie's has estimated that the new machine would increase the company's cash inflows, net of expenses, by $42,000 per year. The machine would have a five-year useful life and no salvage value Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table Required 1. Compute the machine's internal rate of return to the nearest whole percent. ur Factor Factor Choose Numerator: 1 | Choose Denominator: Number of Years Internal Rate of Return = 2. Compute the machine's net present value. Use a discount rate of 12%. (Any cash outflows should be indicated by a minus sign. Round discount factor(s) to 3 decimal places.) Now 2 4 Purchase of machine Annual cash inflows Total cash flows Discount factor (12%) Present value Net present value 0 S 0 0