The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save money. The net cost of this machine is $60,000. The annual cash flows have the following projections. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods Cash Flow $20,000 Year 1 2 3 4 5 25,000 26,000 30,00 15,000 o. If the cost of capital is 10 percent, what is the net present value of selecting a new machine? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Answer is complete but not entirely correct. Net present value s 14 356 113 b. What is the internal rate of retur? (Do not round intermediate calculations. Enter your answer os o percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Internal rate of return 23773