B23 Company is considering the purchase of equipmentthat would allow the company to add a new product to its line. The equipment costs $360,000 and has a 12year life and no salvage value. The expected annual income for each year from this equipment follows. Sales of new product 5 225,666 Expenses Materials, labor, and overhead (except depreciation) 126,666 DepreciationEquipment 36,699 SellingJ general, and administrative expenses 335253 Income 5 355753 [3} Compute the annual net cash flow. [b] Compute the payback period. (1:) Compute the accounting rate of return for this equipment. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the annual net cash flow. Sales ofnew product 225,000 Expenses Materials, labor. and overhead {except depreciation] 120,000 Depreciatio nEquipment Selling: general, and administrative expenses Income Net cash ow Required B ) BEE: Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $360,006 and has a 12year life and no salvage value. The expected annual income for each year from this equipment follows. Sales of new product 5 225,666 Expenses Materials, labor, and overhead (except depreciation) 126,666 DepreciationEquipment 36,666 SellingJ general, and administrative expenses 38,256 Income 5 355759 in} Compute the annual net cash flow. lb} Compute the payback period. (1:) Compute the accounting rate of return for this equipment. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the payback period. a ( Required RequiredC ) BZB Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $360,000 and has a 12-year life and no salvage value. The expected annual income for each year from this equipment follows. Sales of new product 5 225,066 Expenses Materials, labor, and overhead (except: depreciation) 120,066 DepreciationEquipment 30,066 Selling, general, and administrative expenses 38,256 Income 5 35.353 [3} Compute the annual net cash flow. lb} Compute the payback period. (1:) Compute the accounting rate of return for this equipment. Complete this question by entering your answers in the tabs below. Required A Required B Required C Accounting rate of return