Cullumber Company is considering a capital investment of $216,200 in additional productive facilities. The new machinery is expectec to have aseful life of 5 years with no salvage value. Depreciation is by the straight-line method. During the life of the investment, annual net income and net annual cash flows are expected to be $10,810 and $47,000, respectively. Cullumber has a 12% cost of capital rate, which is the required rate of return on the investment. Click here to view the factor table. (a) Compute the cash payback period. (Round answer to 1 decimal ploce, es. 10.5.) Cash payback period years Compute the annual rate of return on the proposed capital expenditure. (Round answer to 2 decimal ploces, es. 10.52X) Annual rate of return % Using the discounted cash flow technique, compute the net present value. (If the net present value is negative, use either a negative sign preceding the number e -45 or parentheses e8. (45). Round answer for pnesent value to 0 decimal places, eg. 125. For calculation purposes, use 5 decimal places as displayed in the foctor table provided.) Net present value