Check my work Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five- Product AProduct B 340,000 525,000 year period. 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: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket operating costs 10 points 380,000 480,000 $ 172,000 225,000 $ 68,000 105,000 $ 83,000 66,000 eBook Print The company's discount rate is 17%. References gnore income taxes. Note that Excel or a financial calculator must be used to calculate items 2-4 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 project profitability index for each product. 6a. For each measure, identify whether Product A or Product B is preferred Complete this question by entering your answers in the tabs below