2 part question

Required information [The following information applies to the questions displayed below.) Project Arequires a $400,000 initial investment for new machinery with a five-year life and a salvage value of $40,000 The company uses straight-line depreciation. Project A is expected to yield annual net income of $27,300 per year for the next five years. Compute Project A's payback period. Choose Numerator: Payback Period Choose Denominator: Payback Period Payback period ! Required information [The following information applies to the questions displayed below.) Project A requires a $400,000 initial investment for new machinery with a five-year life and a salvage value of $40,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $27,300 per year for the next five years. Compute Project A's accounting rate of return. Choose Numerator: Accounting Rate of Return Choose Denominator: Accounting Rate of Return Accounting rate of return 0