NES 20 2. Using the answer from part 1 and the other data provided, calculate the net present value of the new machine. (11 marks) Ignore income taxes -2 Present value of the cash flows Amount of the cash flows 3 Item Year(s) 5 3. Assume that management can identify several intangible benefits associated with the new machine. What dollar value per year would management have to attach to these intangible benefits in order to make the new cutting machine an acceptable investment? (1 mark) Intangible benefits per year 4. Will the internal rate of return be negative? (1 mark)