Culver Company is considering a capital investment of $416,800 in additional equipment. The new equipment is expected to have a useful life of 8 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment. annual net income and cash flows are expected to be $41,000 and $81,000, respectively. Culver requires a 10% return on all new Investments Present Value of an Annuity of 1 Period 8% 9% 10% 11% 12% 15% 8 5.74664 5.53482 5.33493 5 14612 4.96764 4.48732 Click here to view PV tables. Compute each of the following (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round cash payback period, profitability index and annual rate of return to 2 decimal places, eg. 15.25 and other answers to O decimal places, es 5,275) 1 Cash payback period. years 2 Net present value. 3. Profitability Index 4. Internal rate of return. % 5. Annual rate of return Indicate whether the investment should be accepted or rejected. Investment should be