Wendeli's Donut Shoppe is investigating the purchase of a new $34,100 donut-making machine. The new machine would permit the company to reduce the amount of part-time help needed, at a cost savings of $5,600 per year. In addition, the new machine would allow the company to produce one new style of donut, resulting in the sale of 1.500 dozen more donuts each yeat. The company realizes a contribution margin of \$2.50 per dozen donuts sold. The new machine would have a six-year useful ife. Click here to view Exhibit 781 and Exhitil 782, to determine the appropriate discount factor(s) using tables. Required: 1. What would be the total annual cash intlows associated with the new machine for capital budgeting purposes? 2. What discount factor should be used to compute the new machine's internal rate of return? (Round your answers to 3 decimal places.) 3. What is the new machine's internal rate of return? (Round your final answer to the nearest whole percentage.) 4. In addition to the data given previously, assume that the machine will have a $8,985 salvage value at the end of six years. Under these conditions. What is the internal rate of teturn? (Hint You may find it heipful to use the net present value approach: find the discount rate that will cause the net present value to be closest to zero) (Round your final answer to the nearest whole percentage.)