A company is considering purchasing equipment to expand their business. The following information is available regarding the equipment.

Cost of Equipment $$100,000$

Increase in Annual Contribution Margin $30,000$

Estimated Life of the Equipment $5$ years

Required Rate of Return $8\%$

Compute net present value $($using the present value table in the textbook$),$ payback period $($rounded to two decimal places$),$ internal rate of return $($using the interpolation method and percentage should be rounded to two decimal places$),$ and accrual accounting rate of return based on the net initial investment $($assuming the straight$-$line depreciation method is applied$).$