The Pan American Bottling Company 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 \\( \\$ 57,000 \\). The annual cash flows have the following projections. Use and \\( \\underline{\\text { Appendix }} \\) D for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. If the cost of capital is 8 percent, what is the net present value of selecting a new machine? Note: Do not round intermediate calculations and round your final answer to 2 decimal places. b. What is the internal rate of return? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places