1 1 Part 1 of 2 Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below) Project A requires a $415,000 initial investment for new machinery with a five-year life and a salvage value of $43,000. The company uses straight-line depreciation Project A is expected to yield annual net income of $26,600 per year for the next five years. 14.28 points QS 24-5 Payback period LO P1 Computer Project As payback period. Payback Period Choose Denominator: Choose Numerator . Payback Period Payback period 2 Part 2 of 2 Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below) Project Arequires a $415,000 initial investment for new machinery with a five-year life and a salvage value of $43,000 The company uses straightline depreciation Project A is expected to yield annual net income of $26,600 per year for the next five years. 14.28 points QS 24-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return. Choose Numerater: Accounting Rate of Return Choose Denominator Accounting Rate of Return Accounting rate of return