year. Evaluate the success of the project. Assume a discount rate of 10%. BE25.7 (LO 4), AP Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $176,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $35,000. What is its approx- imate internal rate of return? RP258 (LO 4). AN Viera Corporation is considering investing in a new facility. The estimated cost of