Blake Company is considering a captial investment of $140,000 in new equipment, which is expected to have a useful life of 4 years with no salvage value. Depriciation is computed by the straight-line method. During the life of the investment, anual net income and cash inflows are expected to be $10,000 and $45,000, respectively. Blake Company requires either a 10% rate of return or a payback period of 3 years.

Compute the following and state whether the project should be accepted or rejected for each of the five capital budgeting techniques.

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Periods	1%	2%	3%	4%	5%	6%	7%	8%	9%	10%	11%	12%	13%
1	0.990	0.98	0.971	0.962	0.952	0.943	0.935	0.926	0.917	0.909	0.901	0.893	0.885
2	1.970	1.942	1.914	1.886	1.859	1.833	1.808	1.783	1.759	1.736	1.713	1.690	1.668
3	2.941	2.884	2.829	2.775	2.723	2.673	2.624	2.577	2.531	2.487	2.444	2.402	2.361
4	3.902	3.808	3.717	3.630	3.546	3.465	3.387	3.312	3.240	3.170	3.102	3.037	2.975
5	4.853	4.714	4.580	4.452	4.330	4.212	4.100	3.993	3.89	3.791	3.696	3.605	3.517

( a ) Annual Rate of Return:__________________________

( b ) Cash Payback Period:____________________________

( c ) Net Present Value:_______________________________

( d ) Profitability Index:_______________________________

( e ) Internal Rate of Return:___________________________