Adria Lopez is considering the purchase of equipment for Success Systems that would allow the to add a new product to its computer fumiture line. The equipment is expected to cost $264,000 and to have a six-year life and no salvage value. It will be depreciated on a straight-line basis Success Systems expects to sell 100 units of the equipment's product each year. The expected annual income related to this equipment follows S384,000 196.000 44,000 Sales Costs Materials, labor, and overhead (except depreciation) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income 37,000 277.000 107,000 Income taxes (35%) 37.450 Net income $ 69.550 6. Using the information above for Adria Lopez Company, compute the payback period 7. Using the information above for Adria Lopez Company, compute the accounting rate of returm for this equipment. 8 Assuming Adria Lopez Company requires a 10% return on its investments, what is the Net Present Value (NPV) of the project. (Please refer to the NPV charts)