Please help

Blossom Inc, wants to purchase a new machine for $25,900, excluding $1,200 of installation costs. The old machine was purchased 5 years ago and had an expected economic life of 10 years with no salvage value. The old machine has a book value of $1,700, and Blossom inc. expects to sell it for that amount. The new machine will decrease operating costs by $6,000 each year of its economic life. The straight-line depreciation method will be used for the new machine for a 6 -year period with no salvage value Click here to view PV table. (a) Determine the cash payback period (Round cash payback period to 2 decimal places. es. 10.53.) Cash papback period years (b) Determine the approximate internal rate of return. (Round answer to 0 decimal places, es. 138 . For colculation purnoies, use 3 decimal places as displaved in the factor toble provided) Internal rate of retum (c) Assuming the compary has a required rate of return of 10% determine whether tloe new machine should be purchayed. be accepted