Sheridan Corporation is involved in the business of injection molding of plastics, It is considering the purchase of a new computeraided design and manufacturing machine for $430,300. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $104,660 for the next 6 years. Management requires a 10% rate of return on all new investments. Click here to view PV table Calculate the internat rate of retum on this newmachine. (Round answer to 0 decimal places, e.s. 13\%. For calculation purposes. use 5 decimal places as displayed in the factor table provided.) Internal rate of return Should the investment be accepted? The investmer be accepted