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 $66,000 The annual cash flows have the following projections. Use Appendix B and Appendix D for an approximate answer but cakculate your final answer using the formula and tinancial caicuiator methods Cash Flow $31,000 36,000 33,000 26.000 12.000 Year 2 a. If the cost of capital is 13 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 placesa 34.946 00 Net present value b. What is the nternal rate of return? (Do not round intermediate caiculations. Enter your answer as a percent rounded to 2 decimal places de 4/04/019