B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $384,000 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 Expenses Materials, labor, and overhead (except depreciation) Depreciation-Equipment Selling, general, and administrative expenses Income (e) Compute the annual net cash flow (b) Compute the payback period. (c) Compute the accounting rate of return for this equipment $ 240,000 120,000 12,000 24,000 56,000 5 Complete this question by entering your answers in the tabs below. 0.59 points Required A Required B Required C Compute the annual net cash flow. eBook Annual Results from Investment Hint Print References Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Equipment Selling, general, and administrative expenses Income Net cash flow Income Cash Flow $ 240,000 128,000 32,000 24,000 56,000 Resuked A Required B > 0.59 points eBook Hint Print References Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the payback period. Numerator: Payback Period Denominator: Payback period 0.59 points Complete this question by entering your answers in the tabs below. Required A Required B Required C eBook Compute the accounting rate of return for this equipment. Hint Accounting Rate of Return Print References Numerator: Denominator: Accounting rate of return