B$2$B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The

equipment costs $$432,000$ and has a $12-$year life and no salvage value. The expected annual income for each year from this

equipment follows.

$($a$)$ Compute the annual net cash flow.

$($b$)$ Compute the payback period.

$($c$)$ Compute the accounting rate of return for this equipment.

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Compute the annual net cash flow.