Hentle's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes. The machine would cost \$102,990, including freight and installation. Henrle's estimated the new machine would increase the company's cash inflows, net of expenses, by $30,000 per year. The machine would have a five-year useful life and no salvage value. Click here to view Exhiblt 148-1 and Exhibit 148-2, to determine the appropriate 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 shouid be considered as 12% ) 2. Using a discount fate 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 $27,170 per year. Under these conditions, what is the internal rate of retum? (Round your answer to the nearest whole percentage, lie. 0.123 should be considered as 12\%.) Trrsemf Value of an Aneuily of $1 in Arrears; 1[1(f+r)y71]