All revenue from the new luggage line and all expenses (except depreciation) will be received or paid in cash in the same period as recognized for accounting purposes. You are to compute the following for the investment in the new equipment to produce the new luggage line: a. Annual cash flows. b. Payback period. c. Return on average investment. d. Total present value of the expected future annual cash inflows, discounted at an annual rate of 10 percent. e. Net present value of the proposed investment discounted at 10 percent.