Vino Winery is considering the purchase of a state-of-the-art bottling machine. The new machine will cost $20,790 and will have a useful life of 4 years. The new machine will provide net cash savings of $6000 per year. What is the internal rate of return (IRR) for the new bottling machine? Present Value of $1 Periods6 % 8% 0.840 0.794 0.792 0.735 5 0.747 0.681 6 0.705 0.630 7 0.665 0.583 8 0.627 0.540 9 0.592 0.500 10 0.558 0.463 Present Value of Annuity of $1 Periods 6% 8% 3 2.673 2.577 4 3.465 3.312 5 4.212 3.993 6 4.917 4.623 7. 5.582 5.206 8 6.210 5.747 9 6.802 6.247 10 | 7.360 6.710 10% 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.386 12% 0.712 0.636 0.567 0.507 0.452 0.404 0.361 0.322 14% 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 | 10% 2.487 3.170 3.791 4.355 4.868 5.335 5.759 6.145 12% 2.402 3.037 3.605 4.111 4.564 4.968 5.328 5.650 14% 2.322 2.914 3.433 3.889 4.288 4.639 4.946 5.216 06% 10% 8% ) 12%