The management of Kunkel Company is considering the purchase of a $22,000 machine that would reduce operating costs by $5,000 per year. At the end of the machine's five year useful life, it will have zero salvage value. The company's required rate of return is 16%. Click here to view Exhibit 148.1 and Exhibit 148 2. to determine the appropriate discount factor(s) using table. Required: 1. Determine the net present value of the investment in the machine 2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the net present value of the investment in the machine. (Negative amounts should be indicated by a minus sign Round your final answer to the nearest whole dollar amount. Use the appropriate table to determine the discount factor(s).) Net present value Required Required 2 > 19 Periods 1 2 3 4 5 5 7 8 9 10 11 12 14 15 49 5 55 7 8% 9 10% 11% 12% 13% 14% 15% 18% 17% 19% 20% 223 ZO 24% 25% 0962 0.952 0943 0935 0.926 0917 0.909 0.901 0.893 0.885 0.877 0.870 0.862 0855 0.847 0.840 0.8330826 0.820 0813 0.806 0900 0925 0.907 0890 0873 08570842 0.826 0.812 0.797 0.783 0.769 07560743 0731 0.7180.706 0.694 0.683 0.672 0.661 0650 0.540 0.889 0.854 08:40 0816 0794 0772 0751 0731 07120.693 0.675 0.658 06410.624 0.609 0.593 0.579 0.564 0.551 0.537 0.524 0512 0.855 0.873 0.7920763 07350.708 0683 0659 0.636 06130592 0572 0552 0534 0516 0499 0482 04670451 0.437 0423 0.410 0822 0784 0747 0713 0681 0.6500621 0.593 0.567 0543 0519 0.497 0.476 0456 0.437 0.419 0.402 0.06 0.370 0.355 0341 0328 0.90 0746 0705 0666 0630 0596 0554 0535 0507 04300456 0432 041 0.390 0370 0352 0.335 0319 0300 0.299 0.275 0262 0.750 0.711 0.665 0.623 0.583 0547 053 0.492 0.452 0.425 0.400 0.376 0354 0333 0316 0296 0279 0263 0249 0.735 0222 0.210 0.731 0.677 0.627 0.582 0540 0.502 0.467 0.434 0.404 0.375 0.351 0.327 0.305 0295 0266 0249 0.233 0210.200 0191 01790168 0.703 06450592 0541 0500 0.460 04240391 0.361 0333 0308 0.284 0263 0243 0.225 0209 0.194 0180 0157 0155 014 0134 0.875 0.014 0.558 0508 0.463 0.422 0386 0352 0322 0295 0270 0247 0227 0.208 0191 0:176 0.162 01490137 0126 0116 0907 0.650 0.585 0.527 0.475 0.429 0.388 0350 0.317 0.287 0.261 0237 0.265 01950178 0162 OSB 0135 01230.112 0.1030094 0.006 0625 0557 0497 0444 0397 0356 0319 0206 0.257 0231 0.208 0197 0.168 0152 0137 0124 0.112 0102 0.092 0.083 00750069 0.601 0530 0.469 04150368 0.326 0290 0.258 0.229 0204 0182 0.163 0145 0130019 0104 0.093 0084 0.075 0.000 0.061 0.055 0577 0.505 0.442 0388 0.340 0.299 0.263 0232 0.205 0181 01600141 0.125 0.111 0.099 0008 0.071 0000 00620055 0049 0044 0.555 0481 0417 0.362 0.315 0275 0239 0209 018309600.14001230100 0.095 00140074 0.005 0.05700510045 0.000 0.035 0.534 0458 0.394 03390292 0252 0.2180188 030141 0123 01070093 0.001 0.071 0002 0.054 0.047 0042 0036 0032 0.028 050 04336 0.371 0.317 0.270 0231 0198 010 016 0125 0908 0.093 0.000 0.069 0060 00520045 0.009 0.034 0030 0.025 0.023 0494 0416 0.350 0295 0.250 0.21201000153 01300111 0.095 0.081 0.0000059 0051 0044 0.033 0032 0.028 0.024 00210010 0.475 0.796 0331 027 0232 0194 0164 01380116 0.098 0.083 0.0700060 005 0043 0.037 0001 0027 0023 0.020 001001 0456 077 07120258 02150178 0149 0124 09040087 007 0061 0051 0.003 0.0170001 0.026 002200190016 0.040012 0.499 0.359 0294 0.2420.299 0164 0050112 0000 00770064 0053 004 0037 0.001 0.026 0022 0018 0.095 000 000.000 0422 0342 0.278 0226 0.114 015001230101 0.003 0000 0.056 0.046 0.038 0032 0.020 0022 0.048001500000 0000 000 0406 0.326 0202 0211 0170 00380112 0.001 0.074 0000 0049 004000300027 0.022 000 00150012 0010 0.000 0.007 0000 0.390 0.30 0.247 0197 0156 0126 0102 0.002 0.006 0053 0043 0035 0.028 0023 001 0.015 000 000 0000 000 0000 0005 0.375 0.295 0.233 0194 0146 0.11 0.092 0074 0059 0.047 0.038 00300024 0.020 0016 0.000 0.00 0.00 0.007 0.006 0.005 0.004 0.361 0281 0220 0172 01350106 0.084 0.066 0.053 0.042 0.033 0026 0.021 0097 0.014 0011 0009 0.007 0006 0.005 0.004 0000 0347 0.268 0.207 0.161 0125 0.098 0.076 0000 00170097 0.029 0023 0.018 0.014 0.01 0.009 0.007 0.005 0.005 0004 00000002 0330 0.255 0196 01500116 0.090 00690054 00420033 0026 0020 0016 2012 2010 0000 0000 0005 0004 0.003 00020002 0321 0243 015 05 0107 0082 0.063 0018 0.037 0029 0.022 0.01 0.014 0.01 0000 0000 0005 0004 0.003 0002 0.002 0.002 0.308 0.231 0.174 001 0.099 0.075 0057 0044 0.033 0.025 0.020 0,015 0,012 0.000 0.007 0.005 0004 0003 00030002 0002 0.001 02000142 0.097 0067 00460032 0.022 0.015001 0.008 0.005 0004 0.000 0.002 0.001 0.001 000 0000 0000 0.000 0.000 0000 16 17 to 19 20 21 22 23 24 25 26 27 28 29 30 40 7199 Pino 51 ON 99 10% 1 UN 15 17 2011 2013 22 21 20 255 0.92 0.952090309350.926 090 090909010393 0885 0.8770570 0.862 0.955 0.347 0.840000020 0320 0.00 0.006 0800 2 168 LES 100 1000 1789 1750 1730 170 1690 1600 1647 1620 1605 155 156 157 158 1509 1092 104 1457 1440 2.775 2.723 2673 2624 2577 2531 2487 244 2402 2381 2322 223 224 2210 2114 2100 2105 2014 2012 2011 501 1952 1530 154634653337 3.30 3200 3170 3502 1037 2.94 29462.555 279 270 2600 2009 250 2540 2494 2:4412:04 2352 5 41524324202 4300 3993 1990 1.791 369638053517 341) 3352 1.274 3199 327 3050 2091 29262.64 2.803 27452699 . 5.20 5.070 4917 4757 4623 4355 4224111 3.99826093704 1695 1509749014103325 3245 27 3092 1020 2.951 7 5002 575.582 539 5.205 5033 4560 412 4564 403428040093922 3237091605350816 320 3501 6720 6.633 6250 5971 5747 5.535 5.335 556 49604799694484.344 207 40781954 337 1726 2699151063729 9 7435 7500 6.002.515 620.5.995 57505537 5.20 5132 4047724.607 4451 4300 44001 1905 37063673 1566 145 30 77227360 2024 6708 6559 5650 545 521501943 4659 4494 4330 47924054 1923 170910022571 11 700 306707 700 6.505 6.605 6201 5900 5687 455234 5029 4306 4656 44004327 41 405 1902 371056 22 9356 34790 7536 756 6.14 6492 699495.000 561 5197 498 47904011430421905 305 3725 9.906 0394 105) 035079047407 23036750046.072 5342 5.582 5.342 4910 1583 43624203 4053 1912 3700 10563 99999951745 8247706 73676902662102 6.002 57245.4685229 5.000 201 2 265 100 2052 1 15 10300972 900 0001 76067191 6.01 0.462 61 53 5575 5324 3.092 48 4675 44 435 453 0011159 11652 101069447851 7824 736.9746608 6.265 5954 5600 5.4055362490 4730459057 37 09611274.677 9700 9122 1544 1022 7540 2120 729 6173007579 5.43 5222 4.90047754575439142190503910 12.090 11000 100209005 937796201 7702 7250 630 646761215 5534 5.273303344000 4400 4000 1999 19 04 2005 11158 10.3369604950 30 T7060 550 605.07 555450204141 442 426 4007 20 13500 12.462 11470154 09129 3579037497025 6.623 6250 5999 5628 535 5101 487046574602794103954 0290212111264 1000 10010292 8649 0757542 212 662 632 593 565 33 5127431 2675 4.00 4292 21196) 22 14491 0163200211061201942 1772 876 7645 71706708359 con 5006 5410 549 490 4600 45 4300 400 570 23 MSZ 12303 7272 09500 1266 770 723067926399604572 502 5107 925 034994003096 24 15:26 799 2.550 1149105299.90 1965 834077843283 623 604 607 56 55 5470 507 4016 25 15622 0912.73 154 106750823 907 82 780 770 69 664 60975766 5467 5195 2964721 454 1905 20 5903143753003 1132509929 99514307896 2372 690664915713 57835205 206 20724520 432015 27 16.330 160 20 101035 10022 921 350 700 7000 5.00$ 6.5145701 5.492 525 4064 74 52 12 454 1900 20 0663 405 22 1051 SO 9307 8802 290 700 6901 6534 015250 5.5022 49102739421 1993 29 16.904 1541 13:501 2.278 158 1090030 8850 302 700 180 6.5516166 5.8205505229 49750531 33759 2904 30 17202 15:372 0786 12.009 1256 0234 3427 3.694 055 7490 700 656665120 550 5235 497 47 534 00025 1793 1750 15046 1925 1077 0779 91 24 70342056002 625m 55 5258 991 47001544047486 1099 Complete this question by entering your answers in the tabs below. Required 1 Require) 2 What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? (Any cash outflows should be indicated by a minus sign.) Total difference in undiscounted cash inflows and outflows