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 (a) Compute the annual net cash flow. (b) Compute the payback period. (c) Compute the accounting rate of return for this equipment. $ 240,000 128,000 32,000 24,000 $ 56,000 Complete this question by entering your answers in the tabs below. Required Required Required A B C Compute the payback period. Payback Period Numerator: 1 Denominator: 1 || Payback period 0 < Required A Required C > 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 (a) Compute the annual net cash flow. (b) Compute the payback period. (c) Compute the accounting rate of return for this equipment. $ 240,000 128,000 32,000 24,000 $ 56,000 Complete this question by entering your answers in the tabs below. Required Required Required A B C Compute the accounting rate of return for this equipment. Accounting Rate of Return Numerator: 1 Denominator: = Accounting rate of return 0 < Required B Required C >