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) (Use appropriate factor(s) from the tables provided.) InitialinvestmentUsefullifeSalvagevalueExpectedsalesperyear$304,0009years$30,40012,000unitsMaterials,labor,andoverhead(exceptdepreciation)Depreciation-MachinerySelling,general,andadministrativeexpensesSellingpriceperunit$60,00030,40020,000$13 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% ? Complete this question by entering your answers in the tabs below. Compute the investment's net present value. (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.)