Reece Corporation is considering the purchase of a machine that would cost $24 388 and would have a useful life of 6 years. The machine would generate 55,600 of net annual cash inflows per year for each of the 6 years of its life. The internal rate of return on the machine would be closest to Click the icon to view the present value of $1 table.) Click the icon to view the present value of annuity of $1 table.) O A. 8% OB. 10% O C. 12% OD. 6% 0 Data Table onsidering year for The machine would iew the pred iew the pre Present Value of $1 Periods 8% 10% OD 0.735 0.681 0.630 0.583 0.540 0.500 0.463 0.683 0.621 0.564 0.513 0.467 0.424 0.386 0.636 0.567 0.507 0.452 0.404 0.361 0.322 14% 0.592 0.519 0.456 0.400 0.351 0.308 0.270 9S 10 Print Done "answer 0 Data Table The machine wou is considerin per year for to view the p to view the pl 8% 5 Present Value of Annuity of $1 Periods 3.312 3.993 S6 4.623 5.206 8 5.747 9 6 .247 106 .710 10% 3.170 3.791 4.355 4.868 5.335 5.759 6.145 12% 3.037 3.605 4.111 4.564 4.968 5.328 5.650 14% 2.914 3.433 3.889 4.288 4.639 4.946 5.216 Print Done our