Chapter 11 Homework Help Sex 6 B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost $240,000 with a 12-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 96,000 units of the equipment's product each year. The expected annual Income related to this equipment follows 2 points $ 150,000 Skopped Sales Costa Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (50%) Net Income 80.000 20.000 15.000 115,000 35,000 17.500 17.500 ellook Hint Print 1. Compute the payback period. 7 Commute the accountinn rate of return for this equipment oints 1. Compute the payback period. 2. Compute the accounting rate of return for this equipment eBook Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 Compute the payback period. Payback Period Choose Denominator: Choose Numerator: Payback Period Payback period Required 2 > $ 17,500 ped 1. Compute the payback period. 2. Compute the accounting rate of return for this equipment ok Complete this question by entering your answers in the tabs below. Tyt nt Required 1 Required 2 Compute the accounting rate of return for this equipment. Accounting Rate of Return Choose Denominator: Choose Numerator: Accounting Rate of Return Accounting rate of return 0