Current Attempt in Progress Vilas Company is considering a capital investment of $208,000 in additional productive facilities. The new machinery is expected to have a useful 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 $15,000 and $52.000, respectively. Vilas 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 place, eg 10.5) Cash payback period years Compute the annual rate of return on the proposed capital expenditure. (Round answer to 2 decimal places, c.8. 10.52%) Annual rate of return (b) Using the discounted cash flow technique, compute the net present value of the net present value is negative, we either a negative sign preceding the number f 45 or parentheses es. (45). Round answer for present value to decimal places, s. 125. For calculation purposes. use 5 decimal places as displayed in the factor table provided) Net present value