Quary Company is considering an investment in machinery with the following information. The company's required rate of return 14\%. (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) (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 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.) 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. Is the internal rate of return higher or lower than 14%