3 ! Part 1 of 2 Required information The following information applies to the questions displayed below) Project A requires a $425,000 initial investment for new machinery with a five-year life and a salvage value of $42,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $22,900 per year for the next five years. 0.9 points Slopped Compute Project A's payback period, eBook Payback Period Choose Denominator: Choose Numerator: 1 Payback Period Payback period 0 1 Hint Print References ! Required information [The following information applies to the questions displayed below.] Project A requires a $425,000 initial investment for new machinery with a five-year life and a salvage value of $42,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $22,900 per year for the next five years. Compute Project A's accounting rate of return. Accounting Rate of Return Choose Numerator: Choose Denominator: Accounting Rate of Return Accounting rate of return 0