Wendell's Donut Shoppe is investigating the purchase of a new $18,600 donut making machine. The new machine would permit the company to reduce the amount of part-time help needed, at a cost savings of $3,800 per year. In addition, the new machine would allow the company to produce one new style of donut, resulting in the sale of 1000 dozen more donuts each year. The company realizes a contribution margin of $1.20 per dozen donuts sold. The new machine would have a six-year useful life. Click here to view Exhibit 148.1 and Exhibit 148.2. to determine the appropriate discount factor(s) using tables. Required: 1. What would be the total annual cash inflows associated with the new machine for capital budgeting purposes? (Round your final answer to the nearest whole dollar amount.) 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 rote of return? (Round your answer to the nearest whole percentage, i.e. 0.123 should be considered as 12%) 1 Annual cash inflows 2 Discount factor 3. Internal rate of retum