Quary Company is considering an investment in machinery with the following information. The company's required rate of return is

$15\%.($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate 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 $15\%?$ 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.