The management of Kunkel Company is considering the purchase of a $28,000 machine that would reduce operating costs by $7,00 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 13%. Click here to view Exhibit 148-1 and Exhibit 14B-2, to determine the appropriate discount factot(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 outlows over the entire life of the machine? Complete this question by entering your answers in the tabs below. Determine the net present value of the investment in the machine. (Niggative amounts shouid be indicated by a minuer sign. Round your final answer to the nearest whole dollar amount. Use the appropriate table to dotermine the disicount factor(s).) The management of Kunkel Company is considering the purchase of a $28,000 machine that would reduce operating cost 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 ret 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 outlows over the entire life of the machine? Complete this question by entering your answers in the tabs below. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? (Any cash outflowe should be indicated by a minus sign.)