the management of kunkel company is considering

The management of Kunkel Company is considering the purchase of a machine that would reduce operating costs. The machine will cost $40,000, and it will last for eight years. At the end of the eight-year period, the machine will have zero scrap value. Use of the machine will reduce operating costs by $8,200 per year. The company requires a minimum return of 12% before taxes on all investment projects. Click here to view Exhibit 10-2, to determine the appropriate discount factor(s) using table. Required: 1. Determine the net present value of the investment in the machine. (Round discount factor(s) to 3 decimal places. Round other intermediate calculations and final answer to the nearest whole number.) Net present value 2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? Net cash flow