Exercise 12-2 (Algo) Net Present Value Analysis [LO12-2] The management of Kunkel Company is considering the purchase of a $22,000 machine that would reduce operating costs by $5,000 per year. At the end of the machine's five year useful life. it will have zero salvage value. The company's required rate of return is 16%. Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor(5) using table. Required: 1. Determine the net present value of the investment in the machine. 2 What is the difference between the lotal, undiscounted cash inflows and cash outflows over the entire life of the mochine? Complete this question by entering your answers in the tabs below. Detemmine the nat present value of the investment in the machine. (Negative amounts should tie indicated by a inhmus sign Exercise 12-2 (Algo) Net Presient Value Analysis [LO12-2] The management of Kunker Company is considering the purchase of a $22,000 machine that would reduce operating costs by $5,000 per year. At the end of the machine's five-year useful ilfe, it will have zero salvage value. The company's required rate of return is 16%. Click here to view Exhibit 128.1 and Exhibit 128-2, to determine the appropriate discount foctor(s) using table. Required: 1. Determine the net present value of the investment in the machine. 2. What is the difference between the total, undiscounted cash inflows and cash outlows over the entire lfe of the machine? Complete this question by entering your answers in the tabs below. What is the difference between the total, undiscounted cash intlows and cash outflows aver the antire life of the machine? (Any cash otitiows should be indicated by a minus sipin)