value: 4.00 points The management of Opry Company, a wholesale distributor of suntan products, is considering the purchase of a $32,000 machine that would reduce operating costs in its warehouse by S6,500 per year. At the end of the machine's 7-year useful life, it will have no scrap value. The company's required rate of return is 12%. (Ignore income taxes.) Click here to view Exhibit 11B-2, to determine the appropriate discount factor(s) using table. Required: 1. Determine the net present value of the investment in the machine. (Negative amount should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, other intermediate calculations and final answer to the nearest whole dollar.) Net present value 2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? Net cash flow