ces Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five- year period. His annual pay raises are determined by his division's return on investment (ROI), which has exceeded 18% each of the last three years. He has computed the cost and revenue estimates for each product as follows: Initial investment: Cost of equipment (zero salvage value) Annual revenues and costs: Product A Product 8 $170,000 $380,000 $ 250,000 $350,000 Variable expenses $ 120,000 $170,000 Depreciation expense $ 34,000 Fixed out-of-pocket operating costs $ 70,000 $ 76,000 $50,000 Sales revenues The company's discount rate is 16% Click here to view Exhibit 148-1 and Exhibit 148-2. to determine the appropriate discount factor using tables. Required: 1. Calculate the payback period for each product 2. Calculate the net present value for each product. 3. Calculate the internal rate of return for each product 4-Calculate-the-profitability index-for-each-product 5 Calculate the simple-rate of return-for-each-product 6a. For each measure, identify whether Product A or Product B is preferred. 6b-Based-on-the-simple-rate of return, which of the two products-should-Lou's division-accept? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3 Req 6A Calculate the net present value for each product. (Round your final answers to the nearest whole dollar amount.) Product A Net present value Product B Rea 1 Ban 33