Virtual-Utility Ltd. Is involved in the business of making high quality furniture. It is considering the purchase of a new manufacturing machine for $430,000. The company believes that this new machine will improve productivity and increase quality, resulting in a $64,082 increase in net annual cash flows for the next ten years. Management requires a 10% rate of return on all new investments. In using the internal rate of return method, Virtual-Utility Ltd's management must understand its own required rate of return for projects. management can ignore the net present value method, in assessing the project. management can ignore the cost of capital for the project. management can ignore both the net present value and Cash Payback methods in assessing the project