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please show work 3.) The management of Zachery Corporation is considering the purchase of a automated molding machine that would cost $203,255, would have a
please show work 3.) The management of Zachery Corporation is considering the purchase of a automated molding machine that would cost $203,255, would have a useful life of 5 years, and would have no salvage value. The automated molding machine would result in cash savings of $65,000 per year due to lower labor and other costs. (Ignore income taxes.) See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided. Required: Determine the internal rate of return on the investment in the new automated molding machine
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