Ripe Vines Winery is considering the purchase of a state-of-the-art bottling machine. The new machine will cost $28,250 and will have a 10 years useful life. The new machine will provide net cash savings of $5,000 per year. What is the internal rate of return (IRR) for the new bottling machine? Present Value of $1 Periods 6% 8% 10% 12% 14% 3 0.840 0.794 0.751 0.712 0.675 4 0.792 0.735 0.683 0.636 0.592 561 0.747 0.681 0.621 0.567 0.519 0.705 0.630 0.564 0.507 0.456 7 0.665 0.583 0.513 0.452 0.400 8 0.627 0.540 0.467 0.404 0.351 9 0.592 0.500 0.424 0.361 0.308 10 0.558 0.463 0.386 0.322 0.270 Present Value of Annuity of $1 Periods 6% 8% 10% 12% 14% 3456721d 2.673 2.577 2.487 2.402 2.322 3.465 3.312 3.170 3.037 2.914 4.212 3.993 3.791 3.605 3.433 4.917 4.623 4.355 4.111 3.889 5.582 5.206 4.868 4.564 4.288 8 6.210 5.747 5.335 4.968 4.639 9 6.802 6.247 5.759 5.328 4.946 10 7.360 6.710 6.145 5.650 5.216 OA. 14% B. 12% C. 8% OD. 10%