Quary Company is considering an investment in machinery with the following information. The company's required rate of return is 14%. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Initial investment Useful life Salvage value Expected sales per year $ 300,000 Required A Required B 8 years $ 30,000 12,000 units a. Compute the investment's net present value. b. Using the answer from part a, is the investment's internal rate of return higher or lower than 14%? Hint: It is not necessary to compute the IRR to answer this question. Complete this question by entering your answers in the tabs below. Years 1-8 Year 8 salvage Totals Initial investment Net present value Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Selling price per unit Compute the investment's net present value. Note: Negative net present values should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar. Net Cash Flows X Present Value = Present Value of Net Cash Flows $ 0 $ 63,000 30,000 23,000 $ 13 4

Quary Company is considering an investment in machinery with the following information. The company's required rate of return is 14\\%. (PV of S1. EV of S1. PVA of S1, and EVA of S1) Note: Use oppropriate factor(s) from the tables provided. a. Compute the investment's net present value. b. Using the answer from part a, is the investment's internal rate of return higher or lower than 14\\%? Hint: it is not necessary to compute the IRR to answer this question. Complete this question by entering your answers in the tabs below. Compute the investment's net present value. Note: Negative net present values should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar