The saloon is considering adding a new machine. The machine cost $36,000 plus $2,132 to install. The annual revenue and expenses (all cash) are as follows: Revenue Labor Materials $60,000 $35,000 $15,000 $ 2,000 Maintenance The machine is expected to have a 6year life. The required rate of return for the machine is 8%. Create a computer spreadsheet to calculate the following items. Be sure to show your calculations. Explain how you got the Internal Rate of Return in part b using the present value table. a. Payback (4.77) b. Internal Rate of Return (7%) c. Net Present Value (-$1,149)