3.00 points Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five-year period. His annual pay raises are determined by his division's return on investment (ROI), which has exceeded 21% each of the last three years. He has computed the cost and revenue estimates for each product as follows: Product A Product B Initial investment Cost of equipment (zero salvage value) Annual revenues and costs $210,000 $420,000 Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket operating costs $290,000 $390,000 $136,000 $186,000 s 42,000 84,000 74,000 54,000 The company's discount rate is 19%. Click here to view Exhibit 118-1 tables. and Exhibit 11B-2, to determine the appropriate discount factor(s) using Required: 1. Calculate the payback period for each product.(Round your answers to 2 decimal places) Product B Payback period years years Calculate the net present value for each product. (Use the appropriate table to determine the discount factor(s).) 2. Product A Product B