Blue Marlin Company is considering the purchase of new equipment for its factory. It will cost $250,000 and have a $50,000 salvage value in five years. The annual net income from the equipment is expected to be $27,500, and depreciation is $40,000 per year. Calculate Blue Marlin's annual rate of return and payback period for the equipment. (Do not round intermediate calculations. Round your Payback Period to 2 decimal places.) Annual Rate of Return Payback Period Years Citrus Company is considering a project that has estimated annual net cash flows of $37,275 for ten years and is estimated to cost $175,000. Citrus's cost of capital is 8 percent Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round your final answer to 2 decimal places.) t Present Value Based on NPV, determine whether project is acceptable to Citrus Acceptable Vaughn Company has the following information about a potential capital investment Initial investment Annual cash inflow Expected life Cost of capital $370,000 $ 85,000 7 years 12% 1. Calculate the net present value of this project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar.) t Present Value