The Johnny Pickles Brewing Company has been successful as a small craft microbrewery with a focus on distributing its products to bars and restaurants. They are considering a bottling line that will allow them to start distributing to grocery and party stores. The equipment will cost $82326 to purchase. It's expected that additional sales will be $27831 per year while variable expenses are expected to increase $4782 annually. The equipment is expected to last 5 years and will need a one time overhaul in year 3 that will cost $8371. It will have no salvage value at the end of its useful life. The Johnny Pickles Brewing Company uses a discount rate of 8% when deciding to accept a project. What is the net present value of the project? Round your answer to the whole dollar. If the NPV is negative, enter as a negative. If it's positive, enter as a positive.

Overtime at The Office Incorporated has gotten out of control as a result of frequent mailings that are very time consuming to fold and stuff into envelopes. The Office is considering purchasing a machine that folds letters, stuffs them into envelopes, and places the appropriate postage on them. The machine should completely eliminate overtime and save The Office $4503 per year. The machine will cost $29514 and is expected to last 9 years. What is the Present Value Factor of an Annuity we would look for in the table to determine the IRR (ie. 3.724)? Round your answer to three decimal places.

A project is expected to increase sales by $20,000 annually and increase expenses by $8,250 annually. The project is expected to cost $75,411 and last for 10 years. What is the IRR of the project? Round your answer to the nearest whole percentage.