B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $168,000 and has a 12-year life and no salvage value. The expected annual income for each year from this equipment follows. $ 105,000 Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Equipment Selling, general, and administrative expenses Income 56,000 14,000 10,500 $ 24,500 (a) Compute the annual net cash flow. (b) Compute the payback period. (c) Compute the accounting rate of return for this equipment. Required A Required B Required C Compute the annual net cash flow. Annual Results from Investment Income Cash Flow $ 105,000 Sales of new product Expenses 56,000 Materials, labor, and overhead (except depreciation) Depreciation Equipment 14,000 Selling, general, and administrative expenses 10,500 Income $ 24,500 Net cash flow $ 0 Required A Required B Required C Compute the payback period. Payback Period Numerator: / Denominator: / = = Payback period 0 Required A Required B Required C Compute the accounting rate of return for this equipment. Accounting Rate of Return Denominator: Numerator: / / Accounting rate of return 0