0 Required information [The following information applies to the questions displayed below) Project A requires a $290,000 initial investment for new machinery with a five-year life and a salvage value of $39,500. The company uses straight line depreciation Project A is expected to yield annual net income of $21,900 per year for the next five years Compute Project A's payback period Choose Numerator: Cost of investment Payback Period Choose Denominator: Annual net cash flow Payback Period Payback period 0 Required information [The following information applies to the questions displayed below) Project A requires a $290,000 initial investment for new machinery with a five-year life and a salvage value of $39,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $21,900 per year for the next five years Compute Project A's accounting rate of return. Choose Numerator Annual after-tax net income Accounting Rate of Return Choose Denominator Annual average Investment Accounting Rate of Retum Accounting rate of return