Henrie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes. The machine would cost $171,650, including freight and installation. Henrie's has estimated that the new machine would increase the company's cash inflows, net of expenses, by $50,000 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. Internal Rate of Return Choose Numerator I Choose Denominator: Factor Number of Years Internal Rate of Return Annual net cash inflow Factor Investment required 5 3.433 50,000 14% 171,650