The manager of the creative design department of a toy manufacturer is interested in purchasing a three-dimensional orter to designing prototypes for new toys. The cost is $80,000, but it will reduce labour and other costs by $25,000 per year. At the end of the printer's five-year useful life, it will have no scrap value. The company's required rate of return is 8% ignore income taxes) Required: 1. Determine the net present value of the investment in the printer. (Hint Use Microsoft Excel to calculate the discount factor not round Intermediate calculations and round your final answer to the nearest dollar amount) Neue 2. What is the printer's Internal rate of return? (Hint Use Microsoft Excel to calculate the discount factors (Do not found intermediate calculations and round your final answer to nearest whole number.) Integrate ofretum