B2B 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 Expenses Materials, labor, and overhead (except depreciation) Depreciation-Equipment Selling, general, and administrative expenses Income (a) Compute the annual net cash flow. (b) Compute the payback period. (c) Compute the accounting rate of return for this equipment, Complete this question by entering your answers in the tabs below. $225,000 120,000 30,000 38,250 $ 36,750 Required A Required B Required C Compute the annual net cash flow. Annual Results from Investment Sales of new product Income Cash Flow 225.000 Expenses Materials, labor, and overhead (except depreciation) 120,000 Depreciation-Equipment 30,000 Income Selling, general, and administrative expenses Net cash flow 38,250 30.750 Reigunned A Required B > het cash flow. (b) Compute the payback period. (c) 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. Numerator: Payback Period Denominator Payback period Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the accounting rate of return for this equipment. Numerator: Accounting Rate of Return Denominator: Accounting rate of n