1 mework Help Save Exercise 12-15 Internal Rate of Return and Net Present Value [LO12-2, LO12-3] Henrie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes The machine would cost $102.990, including freight and installation. Henrie's estimated the new machine would increase the company's cash inflows, net of expenses, by $30,000 per year. The machine would have a five year useful life and no salvage value Click here to view Exhibit 12B.1 and Exhibit 12B-2, to determine the appropriate discount factorts) using table Required: 1. What is the machine's internal rate of return? (Round your answer to whole decimal place i.e. 0123 should be considered as 12x.) 2 Using a discount rate of 14%, what is the machine's net present value? 3. Suppose the new machine would increase the company's annual cash inflows, net of expenses, by only $25,790 per year. Under these conditions, what is the internal rate of return? (Round your answer to whole decimal place i.e. 0123 should be considered as 12%) Internal rate of return 2 Net present value 3 Intemal rate of return