Problem 12-18 Net present value and internal rate of return methods [LO12-4] The Pan Amencen Botting Co. is considering the purchase of a min machine that would increvse the speed of botting and save moncy Tho net cost of this machine is $69,000 The anmual cash flows havo the following propections Use A0pendic B and Apoend D for an approximate answer but calculate your final answer using the formula and financal calculator ithethods . If the cost of capial is 11 percent, what is the net present value of selecting a new machine? (Do not round intermediate calculations and round your final answer to 2 decimel places.? b. What is the internatrote of foturn? (Do not round intermediate caiculetions. Enter your anwwer as a percent rounded to 2 decimal places.) c. Should the project be accepted? Problem 12-18 Net present value and internal rate of return methods [LO12-4] The Pan American Bottling Co: is considering the purchase of a new machine that would increase the speed of bottling and save money. The net cost of this machine is $69,000. The annual cash flows have the following projections. Use Appendix B and Aprendix Q for an approximate answer but cakculate your final answer using the formula and financial calculator methocis. a. If the cost of capial is i1 percent what is the net present value of selecting a new machine? (Do not round intermediate calculetions and round your final answer to 2 decimal places.) b. What is the internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c. Should the project be accepted